FOR SALE7950 Market Place

Las Cruces, Doña Ana County, New Mexico BJ Delhamer

Vice President(760) 593-7653

DRE# 01720232

For Sale | 26,100 NRSF Self Storage | 214 UnitsSecure Storage Services

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

7950 Market PlaceLas Cruces, New Mexico

CONFIDENTIALITY DISCLAIMER & EXCLUSIVE AGENCY MEMORANDUMThis Exclusive Agency Memorandum (“Memorandum”) was prepared by Self Storage Insite (“SSI”) in conjunction with GRE Land & Commercial Real Estate (“GRE”) on behalf of (“Seller”) and is confidential and furnished to prospective purchasers of the Property described herein subject to the terms of the Confidentiality Agreement previously provided to and executed by such prospective purchasers. This Memorandum is intended solely to assist prospective purchasers in their evaluation of the Property and their consideration of whether to purchase the Property. It is not to be used for any other purpose or made available to any other person without the prior written consent of SSI/GRE.

This Memorandum is subject to errors, omissions, changes or withdrawal without notice and does not constitute a recommendation or endorsement as to the value of the Property by Seller/SSI/GRE and their sources. Financial projections are provided as a reference and are based on assumptions made by Seller/SSI/GRE and their sources. Prospective purchasers should make their own projections and reach their own conclusions of value. Certain portions of this Memorandum merely summarize or outline property information and are not intended to be complete descriptions.

This Memorandum was prepared on the basis of information available to the Seller and SSI/GRE in connection with the sale of the Property. It contains pertinent information about the Property and the surrounding area but does not contain all the information necessary for a complete evaluation of the Property. The projected cash flow and other financial information contained herein is for general reference only.

Although the information contained in this Memorandum is believed to be accurate and reliable, neither the Seller nor SSI/GRE guarantees its accuracy or completeness. Because of the foregoing and because the Property will be sold on an “as-is” basis, prospective purchasers should make their own independent assessments, investigations, and projections regarding the Property. Although additional material, which may include engineering, environmental, or other reports, may be provided to certain prospective purchasers as appropriate, such parties should confer with their own engineering and environmental experts, counsel, accountants, and other advisors and should not rely upon such material provided by Seller or SSI/GRE.

Neither Seller nor SSI/GRE nor any of their respective officers, advisors, agents, shareholders or principals has made or will make any representation or warranties, express or implied, as to the accuracy or completeness of the Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of the Memorandum or the contents. Analysis and verification of the information contained in the Memorandum is solely the responsibility of the prospective purchaser.

The Seller expressly reserves the right, in its sole discretion, to reject any offer to purchase the Property or to terminate any negotiations with any party at any time, with or without notice. The Seller shall have no legal commitment or obligation to any prospective purchaser unless and until a written Purchase and Sale Agreement has been fully executed and delivered and any and all conditions to the Seller’s obligations thereunder have been fully satisfied or waived. The Seller is responsible for any commission due to SSI/GRE in connection with the sale of the Property. No other party, including SSI/GRE, is authorized to make any representation or agreement on behalf of the Seller. This Memorandum remains the property of the Seller and SSI/GRE and may be used only by parties approved by the Seller and SSI/GRE.

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

LETTER OF INTENT GUIDELINES & SITE VISITS 7950 Market PlaceLas Cruces, New Mexico

LETTER OF INTENT GUIDELINESPlease provide a Letter of Intent that specifies the following:

● Purchase price at closing ● Length of the Due Diligence period● Length of the Closing period after the expiration of Due Diligence● Earnest Money deposits

To submit a Letter of Intent, or if you have any questions, please email or call:

BJ DelhamerVice Presidentbjd@selfstoargeinstite.com(760) 593-7653

SITE VISITSAll site visits must be scheduled through Self Storage Insite. Do not contact the property directly. Contact bjd@selfstorageinsite.com or call (760) 593-7653.

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

OFFERING MEMORANDUM OUTLINE 7950 Market PlaceLas Cruces, New Mexico

01 : EXECUTIVE SUMMARY● Investment Summary● Image Gallery

02 : OVERVIEW● Property Overview● Expansion Potential● Location Overview● Key Demographics

03 : FINANCIALS & ANALYSIS● Unit Mix● 10-Year Cash Flow Model● 2018 Income by Month

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

01: EXECUTIVE SUMMARY 7950 Market PlaceLas Cruces, New Mexico

01: EXECUTIVE SUMMARY

● Investment Summary● Image Gallery

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

EXECUTIVE SUMMARY | INVESTMENT SUMMARY 7950 Market PlaceLas Cruces, New Mexico

SUMMARY

Price: $800,000 (Includes land, building, and business)

Property Name: Secure Storage Services

NRSF: 26,100 sf

Land Area: 5.64 Acres

Total Number of Units: 214

APN(s): 3-001-137-241-155

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

EXECUTIVE SUMMARY | INVESTMENT SUMMARY 7950 Market PlaceLas Cruces, New Mexico

HIGHLIGHTS

● Facility Was Built In 2006 | 26,100 NRSF | 214 Units

● Located On The West I-10 Corridor With Easy On And Off Access For Customers

● Priced To Sell Quickly

● Home To New Mexico State University W/ 17,000+ Transient Students As Well As Military Personnel @ Fort

Bliss (Large Army Base)

● 2nd Most Populous City In New Mexico (Approx. 150,000 MSA)

● Vacancy Rate Equates to Large Upside For Buyer/New Owner

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

EXECUTIVE SUMMARY | IMAGE GALLERY 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

EXECUTIVE SUMMARY | IMAGE GALLERY 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

EXECUTIVE SUMMARY | IMAGE GALLERY 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

EXECUTIVE SUMMARY | IMAGE GALLERY 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

EXECUTIVE SUMMARY | IMAGE GALLERY 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

02 : OVERVIEW 7950 Market PlaceLas Cruces, New Mexico

02 : OVERVIEW● Property Overview● Expansion Potential● Location Overview● Key Demographics

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

OVERVIEW | PROPERTY OVERVIEW 7950 Market PlaceLas Cruces, New Mexico

CLIMATE UNITS: 0

NON-CLIMATE UNITS: 214

COVERED PARKING UNITS/SPACES: 10

UNCOVERED PARKING UNITS/SPACES: 60

UNIT SIZES: 25-375 SF

NUMBER OF STORIES: 1

PROPERTY SIZE: 5.64 Acres

NUMBER OF BUILDINGS: 9

APN/TAX ID/PARCEL NUMBER: 3-001-137-241-155

FOUNDATION: CONCRETE

FRAMING: METAL

EXTERIOR: METAL

ROOF: METAL

FENCING: METAL

ENTRIES: ONE (1) ENTRY AND ELECTRONIC GATE W/ KEYPAD

PEDESTRIAN ENTRY: ONE (1)

SECURITY SYSTEM: CAMERAS AND KEYPAD

SITE DETAILS

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

OVERVIEW | EXPANSION POTENTIAL 7950 Market PlaceLas Cruces, New Mexico

EXPANSION POTENTIAL

Surrounding Land:

● Land is available on 2 sides for potential purchase and expansion.

Current Land:

● Secure Storage Services has generous amounts of area on this 5.64 acre property to expand in

all storage categories.

● With the entirety of the 5.64 acres fenced the property is prime for expansion.

DETAILS

Location Map 7950 Market PlaceLas Cruces, NM

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

OVERVIEW | KEY DEMOGRAPHICS 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

OVERVIEW | KEY DEMOGRAPHICS 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

OVERVIEW | KEY DEMOGRAPHICS 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

03: FINANCIALS & ANALYSIS 7950 Market PlaceLas Cruces, New Mexico

03: FINANCIALS & ANALYSIS

● Unit Mix● 10-Year Cash Flow Model● 2018 Income by Month

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

FINANCIALS | UNIT MIX 7950 Market PlaceLas Cruces, New Mexico

FINANCIALS | 10-YEAR CASH FLOW MODEL 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

FINANCIALS | 2018 INCOME BY MONTH 7950 Market PlaceLas Cruces, New Mexico

BJ Delhamer(760) 593-7653bjd@selfstorageinsite.comDRE# 01720232

LETTER OF INTENT GUIDELINES & SITE VISITS 7950 Market PlaceLas Cruces, New Mexico

LETTER OF INTENT GUIDELINESPlease provide a Letter of Intent that specifies the following:

● Purchase price at closing ● Length of the Due Diligence period● Length of the Closing period after the expiration of Due Diligence● Earnest Money deposits

To submit a Letter of Intent, or if you have any questions, please email or call:

BJ DelhamerVice Presidentbjd@selfstoargeinstite.com(760) 593-7653

SITE VISITSAll site visits must be scheduled through Self Storage Insite. Do not contact the property directly. Contact bjd@selfstorageinsite.com or call (760) 593-7653.