Extra Space Storage - Lenexa
Lenexa, KS
Executive Summary
CBRE’s Self Storage Advisory Group is proud to offer the investment opportunity of Extra Space Storage - Lenexa, an attractive self storage facility located in the Kansas City Metro, one of the top performing economies in the state. The property consists of 886 units spread across 87,292 net rentable square feet of space and offers valuable amenities including extended access hours, sturdy moving carts for heavy items, wide-drive aisles, delivery acceptance, military discount, and online rentals and bill pay. The facility is well positioned to take advantage of the growing demand for self-storage in the area.
Extra Space Storage - Lenexa is a rare opportunity to invest in an attractive self-storage facility strategically located in a growing market. The property is situated by the intersection of Highway 56/Interstate 35 and Highway 50/Interstate 435 with a combined traffic count of 256,000 vehicles per day passing near the facility. The site is less than a mile from Johnson County Community College, and there are a high quantity of large industrial and commercial business parks nearby. Future population growth in the area is projected at higher than the national average, with 8,302 residential units underway in a 5-mile radius.
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $6.5 billion in consideration and over 45 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
