$20,520,000 | 105,149 SF | Store It All – Barnegat, NJ

Description

Colliers is pleased to present a rare investment opportunity for qualified investors to acquire an institutional-grade self-storage facility located at 85 South Main Street in Barnegat, New Jersey. Store It All offers 105,149 rentable square feet across 622 units, with sizes ranging from 5’x10’ to 10’x30’. In addition to the self storage units, this offering includes a 25-unit, 27,049 SF office business center that is currently 96% occupied.

Strategically located along Route 9 (16,344  AADT) with direct access to the Garden State Parkway, connecting Barnegat to New York City, Philadelphia, and Atlantic City.  This facility benefits from its unmatched visibility and accessibility to the area’s year-round residents as well as seasonal visitors.

The property comprises twenty-one single-story buildings and one two-story climate-controlled building, along with a twenty-four-unit single-story business center.  Situated on approximately 11.1 acres, Store It All has been phase built between 1994 and 2006.  Approximately 1 acre of expansion land is included in the sale; however, no drawings or approvals have been completed.

Store It All – Barnegat delivers a premium tenant experience, featuring a secure gated entrance with keypad-controlled access, wide drive aisles for easy navigation, and a spacious management office that includes a resident manager’s quarters. The facility is meticulously maintained and equipped with extensive security measures, including numerous high-definition surveillance cameras and comprehensive exterior lighting, ensuring peace of mind for tenants and operational efficiency for ownership.

This highly visible and well-performing asset is supported by Ocean County’s strong demographic profile and low self-storage saturation. According to Yardi, there is less than one square foot of climate-controlled storage space per person within a three-mile radius, and total market saturation stands at just 4.19 square feet per person—well below national averages. Located in the heart of Barnegat’s growth corridor, the facility serves a five-mile trade area encompassing 61,074 residents, with population growth projected at 3.5% by 2030. The local demographic is further strengthened by a median household income of $100,336, supporting premium pricing and long-term demand.

Offered at $20,520,000, Store It All is priced at a stabilized 6.50% capitalization rate and just $195 per square foot. Investors will acquire a well-located, income-generating facility with a proven track record of strong operating performance and attractive financial upside through continued revenue optimization and future expansion.

NJ Broker of Record is Sam Horowitz of Colliers International NJ – License # 0016109