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1925 Oak Grove RdWalnut Creek, CA 94598
Stabilized California Bay Area Self-Storage Opportunity
Asset ClassSelf Storage
Square Feet140,158
Year Built: 1998# Units: 1,201Square Feet: 140,158Access Data Room
Walnut Creek, CA
overview of deal

Overview

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale Shadelands Self Storage.

 

Shadelands Self Storage is strategically located in the affluent Walnut Creek submarket of the East Bay region of San Francisco. This premier trade area serves the surrounding communities of Walnut Creek, Pleasant Hill, Concord, and Clayton. Within a three-mile radius of the property, average household incomes exceed $166,000, and average home values are well above $1,000,000. Walnut Creek boasts an average disposable income of $125,440—approximately 31% higher than the California state average of $92,100.

 

Ideally positioned between two major east-west thoroughfares, Treat Boulevard and Ignacio Valley Road, the facility comprises over 140,000 rentable square feet across 1,201 units. The property features a rare and desirable unit mix of both climate-controlled and drive-up units, with 62% drive-up and nearly 83% ground-level access—an uncommon amenity in a dense, core infill location.

 

Currently self-managed by an ownership group whose primary focus lies in other asset classes, the property currently sits at an occupancy rate of 94%, with historical levels in the mid-90% range. Situated on a 6.3-acre parcel, the facility offers significant additional expansion potential through potential vertical construction with increased density.

 

Shadelands Self Storage represents a compelling opportunity to acquire a meticulously maintained, efficiently designed, and under-managed asset within a top 10 MSA. The property also benefits from strong market fundamentals, including high barriers to entry and robust rental rate growth, supporting long-term cash flow stability and capital appreciation.

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Investment Highlights

  • Trophy Bay Area Asset: Rare opportunity to acquire a premier, stabilized Self-Storage facility in one of the wealthiest submarkets of the San Francisco Bay Area.
  • Exceptional Affluent Demographics: Average household income exceeds $166,000 within 3 miles; average home prices surpass $1 million.
  • Significant Value-Add Upside: Facility is currently owner-managed with immediate potential for operational improvements, professional management, and rental rate increases.
  • Rare Unit Mix and Design: 62% drive-up units and 83% ground-level access—a superior offering compared to traditional multi-story urban facilities.
  • Strong Occupancy Performance: Currently 92%occupied with a consistent historical occupancy in the mid-90% range.
  • Expansion Opportunity: Positioned on 6.3 acres with the potential for future vertical development to capture further demand.
  • Proven Long-Term Growth Drivers: Located in a dynamic employment base fuelled by East Bay healthcare, finance, and tech industries, alongside significant regional multifamily housing growth.
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1925 Oak Grove RdWalnut Creek, CA 94598

Self Storage Advisory Group of Cushman & Wakefield

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Listing provided by Revere CRE