536 Monroe-Concord RdTroy, OH 45373

Property Details for 536 Monroe-Concord Rd

Property size (Sq ft)

46,808 SF

Property type

Industrial properties

Property subtype

Self storage facilities

Description

This exceptional self-storage facility, located at 536 Monroe-Concord Rd, Troy, OH 45373, presents a lucrative investment opportunity. Built in 2021-2022, this nearly new facility boasts 46,808 square feet and comprises seven buildings housing 300 units, currently operating at 93% occupancy. The property features premium construction materials, including thicker gauge siding and extended-life (40-year) roof screws. The unique 6/12 roof pitch with 10-foot-on-center trussing maximizes interior cubic footage, allowing for higher rental rates. Designed for minimal maintenance, the site includes underground drainage connected to a detention pond, eliminating the need for interior mowing. Security is ensured with 42 POE cameras featuring night vision. Access is controlled via a 12-foot gate with a keypad adjacent to the remodeled on-site manager's house (currently rented). The facility's layout allows for potential unit subdivision to increase the number of rental spaces. The asking price is $6,750,000, translating to $144.21 per square foot and $22,500 per unit. This turnkey operation is ready for immediate ownership.

Location Insight

City

Troy

County

Miami

State

Ohio

Latitude

39.9946

Longitude

-84.2128

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].