2145 3rd St
Monument, CO 80132

The Mele Group of Cushman & Wakefield has been selected to exclusively market for sale Front Range Self Storage, located in the Colorado Springs Metro Area. Front Range Self Storage is comprised of 76,233 rentable square feet and 665 drive-up units, ranging in size from 40 square feet to 280 square feet. The property is newly-paved with wide aisles and consists of all ground-level units for consumer convenience. The facility has physical and economic occupancies of 83.6 percent and 83.7 percent, respectively. To ensure secure storage, the site offers electronic gate access, 24-hour video surveillance and optimal lighting throughout the premises. The property boasts an excellent location off heavily-frequented Interstate 25 in a thriving region of Monument, Colorado. The subject property resides on approximately 5.12 acres and is within close proximity to all of Monument’s resources and amenities. The property offers premium visibility from Interstate 25, one of Colorado’s major thoroughfares which allows for easy access to Colorado Springs and the region’s corresponding suburbs. Additionally, the site offers convenient access to State Highway 105. Front Range Self Storage is surrounded by several national retailers and residential zones, including Monument and Woodmoor residential areas. The subject is situated in an affluent location. The subject offers multiple upsides as the primary self-storage option to the surrounding communities. An investor can increase revenue by increasing rates to match the comparable average, as the facility’s rental prices are currently below market. An investor can bolster the current truck rental and tenant insurance programs through aggressive marketing and efficient management. Monument is rapidly expanding and has strong population growth. Front Range Self Storage offers a well-maintained facility in a thriving sub-market of the Colorado Springs Metro Area.