Storage Plus of Lake Charles — Sale in Lake Charles, LA
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Lake Charles, LA 70615
Photos
Investment Figures
- Cap rate
- 4.28%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Storage Plus of Lake Charles is a 61,590 net rentable square foot self-storage facility in Lake Charles, Louisiana. The property offers 40,800 square feet of climate-controlled units as well as 48 enclosed boat and RV storage spaces. In addition, the facility has about an acre of outdoor gravel parking in front of the building. The property was built in 2009 and sits on approximately three acres. Storage Plus of Lake Charles is located directly next to Chennault International Airport, an industrial center for the surrounding area. The property is situated on LA 397 (East Ward Line Road), the primary route connecting Lake Charles to the industrial plants in Cameron. The average daily traffic volume is 8,026. Plant workers choose to live in Lake Charles and commute to Cameron, passing by Storage Plus of Lake Charles on their way to and from work. Employers in Cameron include Halliburton, West Wind Helicopters, EPS Dock, and Martin Midstream. Investment Highlights: • • 61,590 NRSF CLASS A FACILITY // The property features 40,800 sq ft of climate controlled storage plus 48 enclosed boat/RV units and an acre of outdoor parking. • • PREMIUM 2009 CONSTRUCTION // Storage Plus of Lake Charles sits on approximately three acres delivering modern design, strong curb appeal, and minimal deferred maintenance. • • DEMAND SUPPORTED BY MAJOR INDUSTRIAL EMPLOYERS // Halliburton, West Wind Helicopters, EPS Dock, and Martin Midstream all have nearby operations.
Market Context
This commercial property in Lake Charles, LA is listed for sale. It is offered at an approximate 4.3% capitalization rate, a key benchmark for income-producing commercial property assets. Compare it against other commercial property listings for sale in Lake Charles, LA — view the full market.
Contact
- Dave Knobler · (713) 452-4293 · dave.knobler@marcusmillichap.com
- Mixson Staffel · (713) 452-4247 · mixson.staffel@marcusmillichap.com
- Adam Schlosser · (303) 328-2044 · adam.schlosser@marcusmillichap.com
- Charles "Chico" LeClaire · (303) 328-2025 · charles.leclaire@marcusmillichap.com
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