Marcus & Millichap closed the sale of Urban Heights Storage, a 54,095-square-foot self-storage facility in Des Moines, Iowa.
George Kondracke, Brian Kelly, Brett Hatcher, Gabriel Coe, and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus, Ohio, office in partnership with Brad Vander Linden, The Linden Company, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Jon Ruzicka, Iowa Broker of Record, assisted in closing this transaction.
Urban Heights Storage is located about five miles from downtown Des Moines in Urbandale, Iowa. The facility was recently built in 2020 and is situated on 5.40 acres of land. It features 257 climate-controlled units, 95 drive-up units, 51 indoor units, and 28 parking spaces that make up 54,095 with future expansion opportunities planned. The facility should continue to benefit from it’s strong location in a growing market for years to come.