Detailed Introduction Of This Home
John 14:6 – Jesus said unto him “I am the way, the truth, and the life. No one comes to the Father except by Me.”
OFFERS DUE: Monday May 17th, 2023
The Calvary Realty National Storage Group is pleased to offer this institutional level facility located within the Riverside-San Bernardino-Ontario MSA. With over 4.6M residents, this Metropolitan Statistical Area is the 12 largest in the nation!
Machado Storage consists of 51,605 enclosed square feet of storage as well as 6,200 square feet of covered and uncovered RV Parking.
The property is 93% occupied and has increased rental rates by 23% since October of 2023.
Located at a signalized intersection, the property benefits from great drive by traffic of over 25,000 vehicles per day!
Competitive storage facilities are over 90% occupied and square foot per capita within a 5- and 10-mile radius is 8.9 square feet.
Demand in the area will only increase as there’s an additional 18,495 residential units approved for development in the city of Lake Elsinore.
https://properties.calvaryrealty.com/properties/machado-storage/