An Extra Space Storage Facility Sells For $18.8 Million In Fremont Represented By The Levin Johnston Team

An Extra Space Storage facility located at 38491 Fremont Boulevard in Fremont has been sold for $18.8 million. The property encompasses a total square footage of 49,922 and comprises 568 storage units, achieving a price per unit of $33,099 and a price per square foot of $377.

Summary of transation details:

• Property Type: Self Storage
• Transaction Amount: $18,800,000
• Units: 568
• Square Footage: 49,922
• Price Per Unit: $33,099
• Price Per Square Foot: $377

The Levin Johnston team of Marcus & Millichap represented the private seller in this transaction and procured the institutional self-storage buyer for the property.