list price: $9,500,000 - argus self storage advisors · • proforma has an estimate of about...

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Joe Mendola NAI Norwood Group 603-668-7000 x 203 [email protected] SELF STORAGE CONVERSION OPPORTUNITY Methuen Self Storage 145 Milk Street Methuen, MA 01844 List Price: $9,500,000 INVESTMENT HIGHLIGHTS This project is a conversion opportunity of a flex building on 9.75 acres of good land. Great visibility on the main retail street in the city across from The Loop, a major power center. 4-story, 172,000 SF building with complete infrastructure of HVAC, sprinkler system, two 5,000 lbs. lifts, and significant floor loading on each floor. Proforma has an estimate of about 30,000 SF of traditional self-storage in addition to the state of the art climate controlled space in the building. Expansion possibilities of the site. Vacant land is highly usable. CONVERSION DETAILS 172,000 GSF / 129,000 RSF +30,000 RSF standard storage 9.75 acres Built in 1970

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Page 1: List Price: $9,500,000 - Argus Self Storage Advisors · • Proforma has an estimate of about 30,000 SF of traditional self-storage in addition to the state of the art climate controlled

Joe Mendola

NAI Norwood Group

603-668-7000 x 203

[email protected]

SELF STORAGE

CONVERSION OPPORTUNITY

Methuen Self Storage

145 Milk Street

Methuen, MA 01844

List Price: $9,500,000 INVESTMENT HIGHLIGHTS

• This project is a conversion opportunity of a flex building on 9.75 acres of

good land.

• Great visibility on the main retail street in the city across from The Loop, a

major power center.

• 4-story, 172,000 SF building with complete infrastructure of HVAC, sprinkler

system, two 5,000 lbs. lifts, and significant floor loading on each floor.

• Proforma has an estimate of about 30,000 SF of traditional self-storage in

addition to the state of the art climate controlled space in the building.

• Expansion possibilities of the site.

• Vacant land is highly usable.

CONVERSION DETAILS

• 172,000 GSF / 129,000 RSF +30,000 RSF standard storage

• 9.75 acres

• Built in 1970

Page 2: List Price: $9,500,000 - Argus Self Storage Advisors · • Proforma has an estimate of about 30,000 SF of traditional self-storage in addition to the state of the art climate controlled

Joe Mendola

NAI Norwood Group

603-668-7000 x 203

[email protected]

The Argus Self Storage Sales Network and NAI Norwood Group have compiled this information from sources believed to be reliable however can make no warranties, express or implied, to it’s accuracy. Buyer to conduct their own due diligence.