The Cushman & Wakefield Self-Storage Advisory Group has been retained to offer Space Shop Self Storage (managed) in Rochester, NY.

This offering presents investors the opportunity to acquire a newer-vintage, well-located asset totaling approximately 79,263 net rentable square feet across 718 units on a 3.0-acre site. Delivered in 2020, the Property is a multi-story, elevator-served facility comprising 313 climate-controlled main-level units, 343 climate-controlled elevator-access units, 23 non-climate main-level units, and 39 drive-up non-climate units. Positioned on Marketplace Drive in the Town of Henrietta, the Property sits at the center of one of Monroe County’s largest retail concentrations.

As of July 31, 2026, the Property was operating at approximately 93.8% physical occupancy by square footage. Occupancy remains strong across the Property’s core unit types, with climate-controlled main-level units approximately 94% occupied and climate-controlled elevator-access units approximately 93% occupied, together comprising roughly 88% of total net rentable square footage. In-place effective rents average approximately $19.33/SF annually. Storage rental income has grown from approximately $102,400 in July 2025 to approximately $114,300 in July 2026, an increase of nearly 12% over the trailing 13-month period, reflecting continued rate strength and revenue momentum.

Monroe County anchors the broader Rochester, NY metropolitan area, with an estimated 2025 population of approximately 750,500. While county-wide population has remained relatively stable, the Town of Henrietta, home to the Property, has continued to grow, reaching an estimated 2026 population of approximately 48,700, up more than 3% since the 2020 census. Henrietta is also home to Rochester Institute of Technology and the National Technical Institute for the Deaf, supporting a steady base of student and young-professional renters.

The Property sits within the Marketplace Drive retail corridor in Henrietta, one of Monroe County’s largest retail concentrations, directly surrounded by Wegmans, Target, Super Walmart, Sam’s Club, Best Buy, and Lowe’s. The self-storage submarket is competitive, with several established facilities within a three-mile radius, though the only incoming competition is an approximately 31,025-square-foot expansion roughly two miles away. The broader competitive set is comparatively dated, averaging a vintage of approximately 2000, with 2020 representing the newest delivery in the immediate trade area. Despite this backdrop, the Property has achieved strong physical occupancy, reflecting the strength of its climate-controlled, elevator-access unit mix and the quality of its physical construction relative to older nearby product.