Property Overview

Offers Due By Wednesday, February 11th

Affordable Mini Storage is a 383-unit, drive-up non-climate self-storage facility located at 1201 S Main Street in Greensburg, Pennsylvania, approximately 30 miles southeast of Pittsburgh. The property totals 43,675 rentable square feet across five buildings on 2.5 acres and benefits from excellent access and visibility near two major regional traffic corridors. Greensburg serves as the commercial and employment hub of Westmoreland County, supported by healthcare, higher education, retail, and government employment, with a stable owner-occupied housing base and median household incomes near $73,000 in the immediate ZIP code.


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Strong physical occupancy of 81% by units and 88% by area, contrasted with 57% economic occupancy, creating a clear mark-to-market upside through rent optimization and revenue management

Significant rent growth potential, with in-place rents materially below market across multiple unit sizes, particularly larger drive-up units

Limited new supply risk, with only one new self-storage development within a 15-mile radius, supporting long-term pricing power
Strategic location along US Route 30 (30,000+ VPD) and near US Highway 119 (8,500+ VPD), providing strong visibility, access, and demand drivers

Operational upside through professional management implementation, revenue controls, and ancillary income growth (admin fees, tenant insurance), as the property currently operates without formal management or accounting software

Location Overview

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Team

JDS Real Estate Services, Inc.

Listing broker

Jennifer Stein, Broker

Jstein@jdsreservices.com

GreensburgPA@jdsreservices.com

213-446-5366

License No: RB068057

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