Republic, MO Storage Development Site

Investment Overview

Shovel-ready, approved self-storage development site located in the growing Springfield, Missouri MSA. The property offers an opportunity to immediately move forward with development of a Class A, climate-controlled self-storage facility, with building plans calling for a 55,500 SF, 3-story facility comprised of 388 climate-controlled units totaling approximately 40,600 rentable SF. The site benefits from excellent visibility and access near W U.S. Highway 60, strong population growth, and significant residential development in the immediate area. Located adjacent to approximately 500 existing apartment units with plans for an additional 1,300 residential units nearby, the property is well positioned to benefit from continued household growth and increasing storage demand in the Republic and greater Springfield market. Broker of Record: Andrew Braun, NAI Martens