Interstate Secure Storage

Interstate Secure Storage is located between Interstate 25 and 87 off of the Fillmore exit at 330 Karen Lane. A gem of a location, Interstate is surrounded by many of Colorado Springs’ attractions such as the United States Olympic Training Center, Garden of the Gods, the Gossage Youth Sports Complex and it is minutes from the University of Colorado, Colorado Springs. Recreation is abundant in this area. Red Rock Canyon Open Space, Monument Valley Park, the magnificent Pike’s Peak and Colorado Springs’ only five-star hotel “The Broadmoor” are all located a few miles from this self-storage facility.

Access to the facility is minutes from I25 and onto Fillmore street. A large billboard sign off of Fillmore directs customers to the property. We were pleasantly surprised as we drove up to the entrance – with clear signage getting us there – that wide, open “drive- ups” coupled with landscaping and complete fencing were a welcome draw. Interstate Secure Storage really did feel “secure” and the magnificent views of the nearby Colorado Rockies jutting up out of the sky make an impressive backdrop for the facility.

This property reflects the building practices of the 80’s when it was constructed: Large drive up areas, concrete block construction, poured concrete slabs and asphalt pathways were used in the building of Interstate. Driving through the property, a true feeling of “openness” made us feel safe and comfortable. Spacious driveways allow customers to navigate with ease if driving a large truck, RV or moving van.

The total area of Interstate is 59,575 rentable square feet with 479 units of varying sizes located on 5.28 acres. There are 11 buildings including a 3860 square foot manager’s apartment and office. The physical layout is the most desirable plan in self-storage with large open pathways to drive up to for exterior or interior units. Two areas offer outdoor storage and a variety of vintage vehicles, busses, state-of-the art RV’s, boats, and commercial vehicles are stored in these sections. Some vehicles were well-kept but others looked like they had not been moved since the facility was built. Many of the vehicles could have used some new tires. Although a bit looking like a jungle in some areas due to weeds, access was well planned and thought out for both interior and exterior storage. This is just a sampling of the “under managed” facility at this time.

The office is a two-story structure with the two-bedroom manager’s apartment located upstairs. The current managers have been in place for 14 years and they seemed to take pride in the facility. Parking is plentiful and gates were functioning as a steady stream of customers came and went throughout the hours we were there. Flowers greeted us in front of the office and a “Welcome” sign gave us a good feeling as the staff greeted us.

As of this writing, the property has claimed to have a physical occupancy of 82% and economic occupancy of 80%. We are in the process of completing the due diligence to confirm these figures.