Cedar Crossing Storage

Investment Overview

Cedar Crossing Storage is a self-storage investment opportunity located at 3556 Marnie Avenue in Waterloo, Iowa, near the corner of Highway 20 and Highway 63. The property includes 157 indoor storage units, 122 outdoor parking spaces, and a 1,280 SF climate-controlled office/shop space, totaling approximately 76,762 leasable square feet. The facility features a security fence, automated gate, high-definition security cameras, on-site Starlink internet, and a 15-year/90% tax incentive package through the City of Waterloo. The office/shop space is currently leased to a Paintless Dent Removal business for $1,325 per month. The property also offers potential upside through proposed Phase Two expansion options, with plans available to add additional storage buildings and increase the number of indoor units. The sellers are open to assisting with site management, marketing, accounting, and potential design/build services after closing. This is an opportunity to acquire a self-storage facility with existing office/shop rental income, outdoor parking capacity, expansion potential, and optional operational support from the current ownership group.

Investment Highlights

• Self-storage investment opportunity in Waterloo, Iowa
• Located at 3556 Marnie Avenue, near Highway 20 and Highway 63
• 76,762 total leasable SF
• 157 indoor storage units with 10x15, 10x20, and 10x30 unit sizes
• 122 outdoor parking spaces totaling approximately 48,682 SF
• 1,280 SF climate-controlled office/shop space
• Office/shop space leased to a Paintless Dent Removal business for $1,325/month
• Security fence, automated gate, and high-definition security cameras
• Starlink high-speed internet and Wi-Fi on site
• 15-year / 90% TIF tax incentive package from the City of Waterloo
• Phase Two expansion plans available for additional indoor storage buildings and units
• Seller open to assisting with remote site management, marketing, accounting, and transition support