R&S Storage Portfolio

• Three-facility portfolio totaling 98,485 NRSF, with all properties located within one mile of each other
• Below replacement cost offering at just $46.81 per rentable square foot for a mix of climate-controlled and non-climate-controlled units
• Currently 97% physically occupied with a proven track record of maintaining occupancy above 90% for several years
• Excellent visibility from major highways, with all three facilities benefiting from traffic counts exceeding 13,000 vehicles per day
• Operated under mom-and-pop ownership with minimal advertising, presenting opportunities to enhance occupancy and revenue through professional management and marketing initiatives
• Ability to implement a tenant insurance program, providing the potential to generate more than $20,000 in additional annual revenue
• Strong Employment Base: Recent expansions by Milwaukee Tool (800+ jobs / $60 million facility) and Modine Manufacturing (450+ jobs / $38 million expansion) continue to strengthen the local employment base and provide long-term demand drivers for the surrounding trade area.