Approved Self-Storage Development Opportunity

8116 Church Road | Elkins Park | PA | 19207 Back to Properties


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Property Highlights

    • High Population Density and Growth High 5-mile population of 634,233 and the population growth is expected to be 2.4%.
    • Strong Demographics Median household income is $72,713 and average household income is $96,248 within a 3-mile radius.
    • Low Competition 3-mile NRSF per capital stands at 1.70 and 5-mile NRSF per capita is 2.75.
    • Value-Add Opportunities Seller is willing to lease back the required pickleball courts and demo the ice rink onsite.

Property Details

  • Available SF: 108,116 SF
  • Price: Best & Final CFO 10/25
  • Transaction Type: For Sale
  • Property Type: Self-Storage
  • Availability: Available

Property Description

This is an exclusive opportunity to acquire 1.23 acres of buildable land with permitted plans for self-storage. The project intends to demolish the skating rink and associated improvements and redevelop the Property containing a self-storage use, a retail use associated with the proposed self-storage use, 4 indoor pickleball courts, associated driveways, and parking spaces. The facility will have a competitive advantage relative to other stores in its trade area, as it will be competing against vintage builds.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %
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Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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