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    3800 W Hanley Ave

    COEUR D'ALENE IDAHO

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    $6,750,000

    PRICE

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    53,720 SF

    SIZE

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    Self Storage

    PROPERTY TYPE

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    Commercial

    ZONE

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    5.33%

    CAPITALIZATION RATE %

Hanley Self Storage

3800 W Hanley Ave, Coeur d'Alene, ID 83815

$6,750,000

A newly built Class A storage facility in Coeur d'Alene, Idaho. 230 units, 53,720 NRSF, with 67% current physical occupancy, after opening in April of 2022. With an Avg of nearly 4.5% Rent-up Velocity per month. Built in the Path of Progress in the new Coeur Terre development, surrounded by 1,000's of new homes and very little competition. Comprised of (7) Storage Buildings, steel framed drive-up single-story units, with climate control. The average Rental Rate is $0.98/SF. https://www.hanleystorage.com/

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Property Highlights

  • 67% Current Occupancy
  • 68% Economic Occupancy
  • New Construction Built 2022
  • $314,485 In Place NOI
  • Current avg Rent $0.98/SF
  • Steel Framed Metal Skin Buildings
  • Asphalt Drive Aisles
  • Large Automatic Gated Access (Entry/Exit)
  • Perimeter Fencing, Security Cameras (new)
  • Located in Path of Progress E Coeur d'Alene
  • Climate Controlled Units
  • Large Retail Office with Kitchen and Bathroom

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