Trophy Storage Investment Opportunity | Pockit Self Storage | 52,393 SF | Vancouver, BC

Description

The Colliers Self Storage Group is pleased to offer qualified investors the exclusive opportunity to purchase Pockit Self Storage at 1305 East 7th Avenue, Vancouver, British Columbia.

Since opening in Spring 2022, this facility has experienced consistent occupancy growth. Situated on .4336 acres, it features a four-story structure with an underground parking garage.  Pockit Self Storage offers tenants 52,393 net rentable square feet, with unit sizes ranging from 3’ x 7’ to 14’ x 25’.

Located at the intersection of Clark and 7th Ave, just steps from the VCC-Clark SkyTrain station (soon to connect to the UBC Broadway line), the area has transformed with developments such as St. Paul’s Hospital and Emily Carr University.  This rapidly growing community provides quick access to downtown Vancouver, restaurants, and public spaces. The 5-km population of 395,789 is growing at an estimated 3.1% annually.

Pockit Self Storage offers superior amenities, including a full-service on-site management office, ICT access control system throughout the facility including on the elevators, enhanced security with individual unit door alarms on each Boxwell unit, 88 24-hour video surveillance cameras, a fully covered loading area, and multiple passenger elevators.

This facility benefits from institutional-quality construction and an unparalleled location in Canada’s third-largest city. With a forecast of continued population growth and strong leasing trends, Pockit Self Storage presents an investment-grade asset with both in-place revenue and significant future upside potential.