INVESTMENT OVERVIEW
Lincoln County Storage is a best-in-class, purpose-built facility at 366 Gravens Road in Troy, Missouri, minutes from the St. Louis MSA. Delivered in 2022, the property spans 166,590 NRSF across 288 units on a fully gated, paved 35.71-acre site engineered around the large-format demand driving this trade area’s storage market.
The facility has showcased high demand as the property runs 96.9% occupied by unit count and 98.6% by NRSF, with virtually every product type near capacity. The 55 premium enclosed parking units are 100.0% leased, standard enclosed parking sits at 97.7%, and covered parking is fully occupied — proof that this unit mix is exactly what the market wants and providing in-place cash flow from day one.
The surrounding trade area hosts 28,382 residents within five miles, growing 1.20% annually, earning an average household income of $110,842. Along with a stabilized, high-occupancy operating base and 35.71 acres of land comes tremendous expansion capabilities. The “Newline Trailer” business on the west side (entrance) of the parcel is going with the seller, leaving even more room for said justified expansion & value-add capabilities.
INVESTMENT HIGHLIGHTS
Stabilized Occupancy with Durable Cash Flow
Lincoln County Storage is 96.9% occupied by unit count and 98.6% occupied by NRSF, with premium enclosed parking and covered parking fully occupied.
Purpose-Built Enclosed Boat/RV Storage
Lincoln County Storage totals 166,590 NRSF on 35.71 acres, providing buyers the opportunity to achieve immediate scale in the market.
High-Income Trade Area
The five-mile trade area includes 28,382 residents with average household income of $110,842, supporting a strong customer base for large-format vehicle and recreational storage.
35+ Acres with Future Expansion Potential
The property sits on 35.71 acres, providing meaningful flexibility for future expansion as demand supports additional development.
LEAD BROKER
Brendan Fonts | Vice President of Investments
O:727.290.2896 | M: 561.385.1136
Bfonts@meridianstoragegroup.com
FL Lic. SL3582777
FACILITY SUMMARY
| UNIT MIX | |
| Total NRSF | 166,590 NRSF |
| Total UNITS | 288 Units |
| Avg Unit Size: | 643 SF |
| Physical Occupancy | 98.6% SF | 96.9% Units |
| Economic Occupancy | 87.0% |
| LOCATION | |
| Address | 366 Gravens Rd, Troy, MO 63379 |
| County | Taylor County |
| Land Size | 35.71 Acres |
| Parcel Number(s) | 148028000000045000 | 148027000000018000 |
| PHYSICAL CHARACTERISTICS | |
| Year(s) Built | 2022 |
| Buildings | 14 Buildings |
| Stories | Single Story |
| Roof Type | Standing Seam |
| Drive Aisles | Paved & Gravel |
| On-Site Office | Office Only |
| ACCESS & SECURITY | |
| Entries / Gate Access | Electric Gated Access |
| Gate Type | Lift Master |
| Fenced | Partial |
| Security Systems | 70 security cameras, City Line Alarms |
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