Mantua Self-Storage Opportunity

Mantua Self-Storage Opportunity2022-01-24T11:03:15-05:00

Project Description

The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of the Mantua Self-Storage Opportunity.

SOLD

Total Size – 69,166 NRSF

The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of the Mantua Self-Storage Opportunity.

Take advantage of the rare opportunity to invest in a brand-new self-storage property slated to open in Q3 2021, located in one of the most populous cities in the Northeastern United States. Mantua Township is in the middle of Gloucester County, New Jersey, and 16 miles outside of Philadelphia. With a population of nearly 1.59 million, historic Philadelphia has become a modern, bustling education and technology hub. Here, the job growth rate of 10.4 percent easily outpaces
the national average of 9 percent.

A plethora of new jobs draws new residents to Philadelphia, thus increasing the demand for self-storage in this nearby suburb. The Mantua property is located on a key thoroughfare in a prime commercial area. The new facility features an abundant 69,166 square feet of space with 707 rentable units. Amenities include climate-controlled units, which help protect personal belongings from the Northeast extreme temperature fluctuations.

As self-storage demand continues to climb, the Mantua self-storage opportunity allows an investor to acquire a new self-storage asset in an easily accessible location just minutes from the New Jersey Turnpike.

INVESTMENT HIGHLIGHTS

  • A new self-storage facility in Mantua, NJ, located just 16 miles from Philadelphia—the second most populous city in the Northeast.
  • The median household income in this growing suburb is currently $87,247.
  • Conveniently situated in a densely commercial area, minutes from the New Jersey Turnpike.
  • The 69,166 square-foot facility is equipped with 707 rentable units, including climate-controlled options.