Chalmette Super Self Storage
Chalmette, LA
Executive Summary
CBRE's Self Storage Advisory Group presents the investment opportunity of Chalmette Super Self Storage which consists of 484 units distributed across 50,187 net rentable square feet of ground level drive up and interior climate controlled storage space along with parking spaces. In addition, there is room for expansion within the parcel that is included with the sale.
The city of Chalmette, Louisiana, is located in the New Orleans-Metarie, LA MSA, and is poised for notable economic growth in the coming years. The New Orleans-Metairie, LA MSA is driven by its robust economic growth and diverse industry base. Recently ranked as the ninth-fastest growing metro area in the U.S. for GDP growth from 2021 to 2022, New Orleans benefits significantly from its thriving tourism sector. Additionally, the region’s economy is bolstered by its strategic location and infrastructure, including the Port of New Orleans, which is undergoing a $100 million expansion. With ongoing infrastructure investments and a diverse economic base, the New Orleans MSA is well-positioned for sustained growth.
Chalmette Super Self Storage boasts great demographics, with 151,100 people within a 5-mile radius and a strong traffic count of 27,600 vehicles per day passing by the property. Future population growth is projected at higher than the national average, and there are 1,391 future residential units in the development pipeline within a 5-mile radius.
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $6.5 billion in consideration and over 45 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
