Traditional Site

450 E Almond Ave - Madera, CA  93637

Marcus & Millichap is pleased to exclusively off er for sale Safeguard Mini Storage located at 450 East Almond Avenue in Madera, California. The facility features 427 non-climate controlled self-storage units situated in 6 single story buildings that make up 45,747 net rentable square feet. The facility was built in 1983 and sits on 2.39 acres of land. The property has strong visibility from Almond Street and there are high traffi c counts on both Almond Street and the near by adjacent South Madera Avenue. The property is located within three blocks of the Madera Community Hospital, Springhill Suites by Marriott Madera, and several other small businesses. There are also many apartment complexes and housing developments close by, with an approximate population of 79,961 within a five-mile radius of the facility. Safeguard Mini Storage is being off ered for $4,200,000 or $91.81 per rentable square foot. The property can also be sold as a portfolio with the Safeguard Storage South listing for a combined price of $8,200,000.

$4,200,000
Property Type:
Traditional Site 
Status :
Available 
Rentable Square Feet:
45,757 Sq Ft
Acreage:
2.39 Acres
Number of Units:
427 Unit(s)
Room For Expansion
No
Cap Rate:
5.71 %
Days Listed:
24 Days
Updated:
01/25/19 

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