Security Storage | Central

Jon England and his team represented a private investor in the off market transaction of Security Storage - Central. He assisted with due diligence and counseled the Buyer to a successful closing. Property: Security Storage | Central is a 43,450-square-foot self-storage property located on 1.89 acres at 1305 Dell Range Road in Cheyenne, Wyoming. Built in 2000, the property comprises 365 units across eleven buildings, with 92% occupancy. Features include three climate-controlled units, drive-up access, and advanced security systems, making it a secure and tenant-friendly facility. The property benefits from its strategic location in a growing market and provides stable cash flow with potential for rental rate growth. Current in-place rents are well-supported by market demand, and the existing tenant base offers a predictable income profile. This asset represents a compelling opportunity for investors seeking exposure to the resilient self-storage sector in a favorable submarket.