16325 Barrett AVE, Morgan Hill, CA 95037
16325 Barrett AVE, Morgan Hill, CA 95037
16325 Barrett AVE, Morgan Hill, CA 95037
16325 Barrett AVE, Morgan Hill, CA 95037
16325 Barrett AVE, Morgan Hill, CA 95037
16325 Barrett AVE, Morgan Hill, CA 95037
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Listed by Adam S. Levin • Marcus & Millichap, DRE#01462752
$ 2,700,000
Est. payment | /mo

10,380 SqFt


Save
$ 2,700,000
Est. payment | /mo
Save

10,380 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 10,380 sqft

Price per Sqft $260

MLS Listing ID ML82026615

Year Built 1978

Lot Size 0.810 Acres

Property Sub-Type Commercial Property

Property Description

Storwell-Barrett is a well-situated passive, remotely managed self-storage facility located in a high barrier-to-entry market at 16325 Barrett Ave in the thriving city of Morgan Hill, CA. Constructed in 1978, the subject property is situated on a 0.81-acre parcel of land. The facility encompasses approximately 10,380 total square feet and offers 100% drive-up units with roll-up doors. Storwell-Barrett provides tenants with modern conveniences, including 24-hour surveillance and a secure gated perimeter with keypad access. Morgan Hill offers strong demand driven by its growing residential population and business community. Its central location and accessibility ensure consistent storage needs from residents and businesses. Storwell-Barrett presents an ideal investment opportunity for those looking to enter the California self-storage market. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolio and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.

Location

State CA

County Santa Clara

Area Morgan Hill / Gilroy / San Martin

Zoning CT

Interior

Heating No Heating

Cooling None

Exterior

Parking Features On Street, Parking Area

Garage Spaces 157.0

Utilities Available Public Utilities

Roof Type Composition

Present Use Mini Storage

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Restrictions None

Tax ID 817-02-013

Security Features Closed Circuit Monitoring (24-hour),Controlled / Secured Access,Secured Garage / Parking,Security Building,Security Service,Video / Audio System

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)

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Sam Spinella
Sam Spinella

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+1(408) 393-9294 | sam@spinellagroup.com

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16325 Barrett AVE