Midway Self Storage — Sale in Martinsburg, WV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Martinsburg, WV 25404
  • Year built: 2007

Photos

Midway Self Storage — Sale in Martinsburg, WV, photo 1 of 2
Midway Self Storage — Sale in Martinsburg, WV, photo 2 of 2

Investment Figures

Cap rate
6.20%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer for sale Midway Self Storage located in Martinsburg, West Virginia. The site is 60 miles from downtown Washington, DC. It features 237 non-climate-controlled units totaling 36,300 net rentable square feet. There is room for future expansion and the site is currently 97 percent occupied. The site also has great visibility and sees around 7,400 cars per day. Investment Highlights: • Self-Storage Offering Just Outside the Washington, DC MSA with Significant Upside • 36,300 Net Rentable Square Feet • 237 Non-Climate Controlled Drive-Up Units • Room For Future Expansion Opportunities | Additional Expansion Space is Graded and Level with Stormwater Management In-Place • Approximately Five Miles from the Maryland Border and 60 Miles from Downtown Washington, DC

Market Context

This commercial property in Martinsburg, WV is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 2007. Compare it against other commercial property listings for sale in Martinsburg, WV — view the full market.

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