Justice Storage

Justice Storage is an institutional quality, recently constructed Class A facility consisting of 39,730 NRSF among 210 total units. The facility is located in the affluent suburb of Green, OH which is a key component of the Akron MSA. Included is a mix of 138 single story, drive up units ranging from 50-400 SF, and 72 fully climate controlled units ranging from 50-300 SF, The facility was completed in Q4 of 2023 and Cement Drive Aisles, Block Construction with a Standing Seam Roof System, LED exterior lighting throughout, keypad gate access, and cameras throughout with no immediately necessary capital expenditures.

Justice Storage has witnessed an expedited lease up period, having achieved 34.8% Physical Occupancy to this point, which underscores the strong demand and positive self storage fundamentals within this trade area. Justice Storage also sits within the path of active growth, among multiple residential and commercial development projects. Notably, the 250-unit VC Station apartment complex is being constructed immediately adjacent to Justice Storage. Additional nearby projects include Forest Lakes, a 227 Unit Subdivision, Spring Hill Farms, a 298-Unit Apartment Community, and Jacobs Ridge, a 166 Lot Subdivision.

New Ownership will be able to immediately add value by continuing the strong leasing trajectory, managing rental rates and capturing ancillary revenue sources.