Spare Garage Storage is a 39,700 NRSF storage facility located in the Kansas City suburb of Grain Valley, MO. The facility is located with signage and visibility on Old Hwy 40 behind the Casey's General Store. Spare Garage Storage is twenty three miles east of downtown Kansas City and 0.8 miles south of interstate 70. Additionally, Grain Valley High School is located 0.4 miles west of Spare Garage Storage with an enrollment of 1,190 students.
Construction highlights include concrete driveways, six metal and steel buildings, standing seam roofs and exterior lighting. The larger units and on-site office have brick fa'ade. Spare Garage Storage is fully equipped with gated entry and keypad access, perimeter fencing and security cameras. The perimeter of the property has ample space for U-Haul truck rental or outdoor parking.
Spare Garage Storage contains 204 non-climate, warehouse and outdoor parking units. The physical occupancy is currently 93%. The facility was built in 2007 and covers +/- 3.18 acres. A new owner has significant upside potential to raise prices on existing tenants and increasing the street rates to market prices. Spare Garage Storage prices are 10-15% below their competition.