Specialty Real Estate
6 Lookout Lane Middleton, MA 01949
Details & Description
Price: $5,500,000
    Marcus & Millichap is pleased to exclusively offer for sale Middleton Self Storage located in Middleton, Massachusetts. The facility consists of 105 inside units, 50 outside units, and 47 dual access units totaling 27,625 net rentable square feet. This is a stabilized cash flowing facility that is currently 98 percent physically occupied. The property is fully secured with fencing, a keypad gated entry, an on-site management office, and 24-hour video surveillance.The location of this facility benefits from a dense and growing surrounding population. The population within five miles of the facility is 63,334, which represents a 17 percent increase since 2000 and is expected to continue to grow over the next five years. They are the only self-storage facility within a three-mile radius. Lookout Lane is located off North Main Street which has a high daily traffic count of 27,200 cars per day.Middleton Self Storage is being offered for $5.5 million or $199.10 per rentable square foot.
    Property ID:    276161
    Property URL: melqr.com/276161
    Generated:    04-27-24
    Listing Agents
    Brett Hatcher

    O: 614-360-9043
    brett.hatcher@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Massachusetts / Middleton / 01949 / 6 Lookout Lane

    6 Lookout Lane

    Middleton, MA 01949

    Listing ID: 276161
    Print Single-Page Version
    6 Lookout Lane Middleton, MA 01949 | for Sale | Photo 1
    Building Size: 27,625 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $199.10
    Land $/SF: $126.26
    Price
    $5,500,000
    Description

    Marcus & Millichap is pleased to exclusively offer for sale Middleton Self Storage located in Middleton, Massachusetts. The facility consists of 105 inside units, 50 outside units, and 47 dual access units totaling 27,625 net rentable square feet. This is a stabilized cash flowing facility that is currently 98 percent physically occupied. The property is fully secured with fencing, a keypad gated entry, an on-site management office, and 24-hour video surveillance.

    The location of this facility benefits from a dense and growing surrounding population. The population within five miles of the facility is 63,334, which represents a 17 percent increase since 2000 and is expected to continue to grow over the next five years. They are the only self-storage facility within a three-mile radius. Lookout Lane is located off North Main Street which has a high daily traffic count of 27,200 cars per day.

    Middleton Self Storage is being offered for $5.5 million or $199.10 per rentable square foot.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Boston History of Specialty Real Estate for Sale

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    Middleton Area Market Trends

    Listing Demographics for 6 Lookout Lane Middleton, MA 01949

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,63717,97665,263
    Population Median Age414141
    Population by Age0-9 Yrs228 (13%)2136 (11%)7276 (11%)
    10-19 Yrs164 (10%)2260 (12%)8885 (13%)
    20-29 Yrs167 (10%)1759 (9%)6191 (9%)
    30-39 Yrs190 (11%)2102 (11%)7082 (10%)
    40-49 Yrs219 (13%)2245 (12%)8739 (13%)
    50-59 Yrs294 (17%)3221 (17%)11465 (17%)
    60-69 Yrs163 (9%)2272 (12%)8527 (13%)
    70+ Yrs212 (12%)1982 (11%)7098 (10%)
    Median HH Income$149,525$154,502$138,667
    Total Household Income< 24K28 (5%)386 (6%)1464 (6%)
    25-49K30 (6%)348 (5%)1800 (8%)
    50-74K31 (6%)472 (8%)2403 (10%)
    75-99K86 (17%)688 (11%)2387 (10%)
    100-199K164 (33%)1836 (31%)7268 (32%)
    200K+158 (31%)2077 (35%)6780 (30%)
    Highest Education LevelNo Diploma505712159
    Diploma or GED35824448718
    Some College16215965394
    Assoc. Degree6311483965
    Bachelors Degree312385914296
    Higher Degree178290510956
    Total Housing Units5226,02222,948
    --Owner-Occupied4565,37919,339
    --Renter-Occupied404282,763
    Owner-Occupied Values< 100K013291
    100-199K17177502
    200-299K14163695
    300-399K887512184
    400-499K568223567
    500K+281345312100
    Total Working Age Population1,28914,36652,305
    In Work Force8679,59235,029
    Not In Work Force4224,77417,276
    Workforce Employed7979,17033,774
    Workforce Unemployed664031,232
    Civlian Workforce8639,57335,007
    Military Workforce42022
    Total Households4965,80722,102
    Family Households4194,66617,406
    Non-Family Households761,1414,696
    Married Couple3614,18215,477
    Other Family584841,929
    Married w/Child1261,6766,623
    Single Male w/Child535247
    Single Female w/Child18146538

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Massachusetts6,349,097+36,547,629+66,933,887+47,225,472
    Essex County723,419+3743,159+6790,035+3816,022
    Middlesex County1,465,396+31,503,085+71,613,961+51,686,641

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 6 Lookout Lane in Middleton?
    The asking price for 6 Lookout Lane is $5,500,000
    What is the building size of this Specialty property in Middleton, MA?
    The size of the building/unit at 6 Lookout Lane in Middleton is 27,625 square feet
    How much land does the Middleton, MA property at 6 Lookout Lane include?
    6 Lookout Lane in Middleton includes 1.000 acres of land
    What kind of Specialty is the propery at 6 Lookout Lane?
    The property at 6 Lookout Lane Middleton, MA 01949 is listed as a Self Storage Specialty property
    What is the population within 1 mile of 6 Lookout Lane in Middleton?
    The population within 1 mile of 6 Lookout Lane Middleton, MA 01949 is 1,637 people.
    Who do I contact for questions about 6 Lookout Lane?
    You should contact the listing agent, Brett Hatcher , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    General Edward Lawrence Logan International Airport (BOS) 18
    Manchester-Boston Regional Airport (MHT) 29
    Theodore Francis Green State Airport (PVD) 64
    Price
    $5,500,000
    Listing Agent
    Brett Hatcher - CRE Agent at

    Brett Hatcher

    Marcus & Millichap

    VIEW AGENT PROFILE

    CONTACT AGENT

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