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Investment Details

Price: $2,600,000 Location: St. Michael, MN
Cap Rate: 5.74% Lease Type:
NOI: $149,400 Lease Expiration:
Demographic Information (5-Mile Radius)
2022 Population: 52,117
2027 Population: 55,266
2022 Average Household Income: $136,864
2022 Median Household Income: $116,647
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

SUPERIOR STORAGE

St. Michael | Minnesota
Highlights
Drone Video: https://www.youtube.com/watch?v=-frNUEPqTDw
• 144 unit self-storage complex located along 42nd Street Northeast in St. Michael, MN.
• High occupancy rate of 92.36% with a variety of different unit sizes.
• Excellent demographics with a population of 52,117 within a 5-mile radius.
• St. Michael is a rapidly growing community at a rate of 1.63% annually.
• St. Michael is ranked #3 best city to live in MN, according to Life in Minnesota Magazine.

SUPERIOR STORAGE

St. Michael | Minnesota

Highlights
Drone Video: https://www.youtube.com/watch?v=-frNUEPqTDw

• 144 unit self-storage complex located along 42nd Street Northeast in St. Michael, MN.
• High occupancy rate of 92.36% with a variety of different unit sizes.
• Excellent demographics with a population of 52,117 within a 5-mile radius.
• St. Michael is a rapidly growing community at a rate of 1.63% annually.
• St. Michael is ranked #3 best city to live in MN, according to Life in Minnesota Magazine.

Investment Details

Price: $2,600,000
Location: St. Michael, MN
Cap Rate: 5.74%
Lease Type:
NOI: $149,400
Lease Expiration:
Demographic Information (5-Mile Radius)
2022 Population: 52,117
2027 Population: 55,266
2022 Average Household Income: $136,864
2022 Median Household Income: $116,647
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489