Industrial Space Overview
Nestled along LA Highway 1 South, Westside Self Storage encompasses approximately 52 acres, offering potential for future expansion. The property boasts a mix of zoning, with the front 3 acres designated for commercial use and the remaining acreage suitable for agricultural pursuits.
Flood zones vary within the property, with the main facility safely situated in Flood Zone X. A small portion of the excess land near the western end falls within Flood Zone AE. The site's rectangular shape and ample frontage provide convenient access.
The 18,000-square-foot storage facility features over 16,375 rentable square feet and 142 units. Climate-controlled and non-climate-controlled options cater to diverse storage needs. Security measures include fencing, paved driveways, and gated access.
This investment opportunity presents itself at $79.39 per square foot, with a projected cap rate of 5.90%. It offers a well-maintained facility ready for occupancy.
Additionally, a separate warehouse facility is available for lease. This steel-frame warehouse boasts 80,000 square feet of space, complete with loading docks, drive-in doors, ample lighting, and a sprinkler system for safety.
Flood zones vary within the property, with the main facility safely situated in Flood Zone X. A small portion of the excess land near the western end falls within Flood Zone AE. The site's rectangular shape and ample frontage provide convenient access.
The 18,000-square-foot storage facility features over 16,375 rentable square feet and 142 units. Climate-controlled and non-climate-controlled options cater to diverse storage needs. Security measures include fencing, paved driveways, and gated access.
This investment opportunity presents itself at $79.39 per square foot, with a projected cap rate of 5.90%. It offers a well-maintained facility ready for occupancy.
Additionally, a separate warehouse facility is available for lease. This steel-frame warehouse boasts 80,000 square feet of space, complete with loading docks, drive-in doors, ample lighting, and a sprinkler system for safety.
