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$ 2,800,000
Est. payment /mo
Active
16325 Barrett Avenue Morgan Hill, CA 95037
10,380 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 10,380 sqft
Price per Sqft $269
MLS Listing ID ML82026615
HOA Y/N No
Year Built 1978
Lot Size 0.810 Acres
Acres 0.81
Property Sub-Type Comm Ind For Sale
Property Description
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. The city of Morgan Hill, CA offers strong demand driven by its growing residential population and thriving business community. Conveniently positioned along U.S. Highway 101, the city provides excellent connectivity to San Jose, Silicon Valley, and the greater Bay Area, making it a strategic hub for both commuters and local businesses. Additionally, its central location and accessibility ensure consistent storage needs from both residents and enterprises. 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
Zoning CT
Interior
Heating None
Fireplace No
Building
New Construction No
Others
Tax ID 81702013
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Listed by Adam S. Levin • Marcus & Millichap