Denbigh Self Storage

Denbigh Self Storage is 45,599 NRSF of interior and drive-up self-storage and 3,400 SF of parking in Newport News, VA. The property is currently 99.7% occupied with in-place rents over 35% below market. Included in the unit mix is 395 total units, among 387 self-storage units and 8 parking spaces.

Located with high visibility on busy Warwick Blvd, seeing 37,000 VPD, and with a population of 64,770 in a 3 mile radius, this facility has a strong strategic location. The property is less than five miles from many key large defense contractors and military bases (see location highlights), providing a strong and stable base of storage customers. Across the street there is a Food Lion-anchored shopping center and around the facility there is dense urban development.

Recent capital expenditures included full-property asphalting, unit conversions, and repainting. With an on-site office and attached one bedroom apartment, keypad gated entry, lighting, and cameras throughout, the asset is physically prepared for professional management.