Self-Storage Facility
Brush Creek Storage
917 Brush Creek Rd, Warrendale, PA 15086
Listing Price: $2,400,000
Investment Overview
Brush Creek Storage is a 109,848 +/- GSF fully entitled self storage project located in Warrendale, PA. Warrendale is located in Marshall Township, a suburb of Pittsburgh. The facility will consist of 4-stories of climate controlled storage featuring a drive through bay for tenants to load and unload, drive up climate controlled units, keypad entry into the facility, security cameras and an onsite rental office. The footprint of the existing plans provide an opportunity for RV surface lot, additional drive up units, or an additional multi-story storage building on the property.
The entitled parcel is located just off of PA Turnpike Route 76, Route 79 and Route 19 which see 12,188, 74,937, and 5,261 Average Vehicles Per Day, respectively. Warrendale is an affluent market located in Allegheny County, which is approximately 18 miles north of downtown Pittsburgh, PA. Warrendale is home to the headquarters of rue21, Joy Mining Machinery, Printing Industries of America, SAE International, and the United States Postal Service Pittsburgh Network Distribution Center. Allegheny County is recognized as the second most populous county in Pennsylvania.
Strong rental rates within the market are attributed to the $146,000 Median Household Income of the area. The strong rates, running an average of $22/sf, mixed with a supply of 5.7 SF/capita of existing storage will provide an investor with strong confidence that this investment opportunity will fill up and cash flow in no time.
With NPDES permit in place, Storm Water Pond installed, and Storm Water Management Plan in place, this is truly a Shovel Ready project. Furthermore, this opportunity has Zoning Approvals, Grading Permits, Building Permits, HOP, a Clean Phase 1 Environmental Study, Geotechnical Report, and a firm bid from a local General Contractor. This will ensure an immediate construction start for a new investor.
Offers are being accepted immediately on this development opportunity.
Investment Highlights
- Fully Entitled 109,848 GSF Self Storage Development
- 83,000 +/- NRSF 4 Story
- Drive Through Bay for Tenant Loading and Unloading
- Less Than 6 SF of Self Storage Per Capita in a 5-Mile
- Average Rental Rate Market of $22 SF Annually
- Population of 81,000 +/- in a 5-Mile
- Median Household Income of 145,000 +/-
Exclusively Listed By
Financing By
Listing Price: $2,400,000
Investment Highlights
- Fully Entitled 109,848 GSF Self Storage Development
- 83,000 +/- NRSF 4 Story
- Drive Through Bay for Tenant Loading and Unloading
- Less Than 6 SF of Self Storage Per Capita in a 5-Mile
- Average Rental Rate Market of $22 SF Annually
- Population of 81,000 +/- in a 5-Mile
- Median Household Income of 145,000 +/-
Investment Overview
Brush Creek Storage is a 109,848 +/- GSF fully entitled self storage project located in Warrendale, PA. Warrendale is located in Marshall Township, a suburb of Pittsburgh. The facility will consist of 4-stories of climate controlled storage featuring a drive through bay for tenants to load and unload, drive up climate controlled units, keypad entry into the facility, security cameras and an onsite rental office. The footprint of the existing plans provide an opportunity for RV surface lot, additional drive up units, or an additional multi-story storage building on the property. The entitled parcel is located just off of PA Turnpike Route 76, Route 79 and Route 19 which see 12,188, 74,937, and 5,261 Average Vehicles Per Day, respectively. Warrendale is an affluent market located in Allegheny County, which is approximately 18 miles north of downtown Pittsburgh, PA. Warrendale is home to the headquarters of rue21, Joy Mining Machinery, Printing Industries of America, SAE International, and the United States Postal Service Pittsburgh Network Distribution Center. Allegheny County is recognized as the second most populous county in Pennsylvania. Strong rental rates within the market are attributed to the $146,000 Median Household Income of the area. The strong rates, running an average of $22/sf, mixed with a supply of 5.7 SF/capita of existing storage will provide an investor with strong confidence that this investment opportunity will fill up and cash flow in no time. With NPDES permit in place, Storm Water Pond installed, and Storm Water Management Plan in place, this is truly a Shovel Ready project. Furthermore, this opportunity has Zoning Approvals, Grading Permits, Building Permits, HOP, a Clean Phase 1 Environmental Study, Geotechnical Report, and a firm bid from a local General Contractor. This will ensure an immediate construction start for a new investor. Offers are being accepted immediately on this development opportunity.