Call for Offers: December 21, 2018
To view the Offering Memorandum and Due Diligence please go to: http://selfstorageadvisory.listinglab.com/CapistranoAStorage/index.cfm
CBRE, Inc. has been retained as exclusive advisor by the ownership to offer for sale Capistrano A+ Storage located at 34190 Camino Capistrano, Capistrano Beach, California. The site is located within the Los Angeles-Long Beach-Anaheim MSA Metropolitan Statistical Area. Capistrano A+ Storage is a 41,583 net rentable square foot facility including 2,688 NRSF of parking and consists of 486 self-storage units ranging in size from 4’x5’ to 20’x20’. As of September 1, 2018 the property is 90.48 percent physically occupied.
Sitting on 2.14 acres, this attractive self-storage facility consists of five two story buildings and offers numerous amenities including a gated entrance with keycode access, 24-hour video surveillance, onsite manager’s apartment offering additional security to the property. The facility is well maintained, with beautiful and clean buildings.
The property is strategically located on Camino Capistrano and conveniently located right off the 5 freeway and Pacific Coast Highway 1. The surrounding area has excellent demographics with a population of 163,290 within a 5-mile radius with an average household income of approximately $148,910.
The facility is offered free and clear of any existing debt allowing potential buyers/investors to take advantage of the attractive existing capital markets environment.
