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680 S Pacific HwyWoodburn, OR 97071
Woodburn Storage - Woodburn, OR
Asset ClassSelf Storage
Call For Offers10/22/26
Land: 12.7 AcresSquare Feet: 193,380# Units: 790Access Data Room
Woodburn, OR
overview of deal

Overview

The Cushman & Wakefield Self Storage Advisory Group is pleased to offer for sale Woodburn Self Storage, a 2024-vintage, premium-quality facility in Woodburn, Oregon, located on the I-5 corridor mid-way between Portland and Salem.

 

Situated on 12.74 acres, the Property spans 193,380 NRSF, plus an additional 37,680 NRSF of uncovered parking. The facility offers 790 total units, including 507 self-storage units, 35 fully enclosed RV units, 168 covered parking spaces, and 80 open parking spaces. Woodburn Self Storage offers 800’ of frontage along Highway 99E with over 12,000 vehicles passing daily.

 

The Property is 72% occupied (76% by units), having leased over 161,000 SF in 31 months, demonstrating strong area demand. Continued 2026 momentum, totaling 135 net rentals through August, has put the Property on track for near-term stabilization. Overall, in-place rent of $0.75/SF vs. a market average of $0.85/SF points to additional upside through rental increases. Additionally, the Property’s self-storage units are 85% occupied, and enclosed RV storage above 90%, creating an ideal scenario to begin an aggressive ECRI strategy.

 

Woodburn is approximately 17 miles south of Portland and 19 miles north of Salem and sits at the confluence of several major transportation corridors; I-5 and 99E running north-south; and Highway 214/219 running east-west. The strategic transportation infrastructure and proximity Oregon’s two largest cities drives meaningful growth resulting in a nearly 65% population increase since 2000. Major employers include Woodburn Premium Outlets with over 4.5 million visitors annually and Amazon’s recently opened 3.8 million SF fulfillment center with approximately 2,800 local jobs.

Woodburn Self Storage represents an opportunity to acquire a best-in-class, newly built facility in one of Oregon’s fastest growing submarkets, at an attractive basis with multiple upside opportunities.

Investment Highlights

  • High-Growth, High-Demand Trade Area: Approximately 7,000 new residents since 2020 with significant multi-family, singly family and commercial development underway nearby.
  • Below Market Rent: In-place rents of $0.75/SF verses $0.85/SF market supporting strong upside in asking rates.
  • Opportunity to Implement ECRI Strategy: Enclosed storage is nearly 85% occupied and fully enclosed RV storage exceeds 90% occupied, creating immediate opportunity to aggressively push ECRIs across both unit types.
  • Significant Occupancy Growth Potential: Over 161,000 SF leased in just over 31 months, and 135 units leased YTD, positions the Property to reach stabilization over the next 12 months.
  • Meaningful Ancillary Income Upside: Insurance penetration of just 53%.
  • Attractive Acquisition Basis: Ability to acquire the trade area’s premier facility at a compelling basis and achieve significant appreciation upon full stabilization.
  • Excellent Exposure and Traffic Counts: Over 12,000 vehicles daily and nearly 800 feet of frontage along Highway 99E, ensuring consistent visibility and demand.
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680 S Pacific HwyWoodburn, OR 97071
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