Marcus & Millichap recently closed the sale of Rainbow Storage, a 43,200-square-foot self-storage facility in Lexington, Kentucky.
Gabriel Coe and Brett Hatcher, investment specialists in Marcus & Millichap’s Columbus, Ohio, office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Coe, Hatcher, Jordan Dickman, Nicholas Andrews and Tim VanWingerden, investment specialists in Marcus & Millichap’s Cincinnati, Columbus and Louisville offices. Colby Haugness, Broker of Record, assisted in closing this transaction.
Rainbow Storage is located at 767 E. 7th St. in Lexington, Kentucky. This property was built in 1997 and features 236 non-climate-controlled units totaling 43,200 net rentable square feet. Rainbow Storage sits on 3.29 acres of land and is located within central Lexington.