Litchfield
Phoenix Metro, Arizona
Snohomish, WA — DXD is developing a Class A, climate-controlled self-storage facility on a 3.53-acre site at 2103 Bickford Avenue, positioned along a primary commercial corridor in Snohomish, within the greater Seattle metro area. The three-story project will feature 809 climate-controlled units totaling 109,173 GSF (82,375 NRSF), to serve a community of over 26,000 residents in the immediate trade area. With a median household income of $125,047 and a renter population of roughly 24%, implying a homeownership rate above 75%, the trade area demographic profile signals strong, durable self-storage demand from established households. Stabilized occupancy is modeled at 93% within 54 months, capitalizing on a submarket with limited new supply. Only one competing project has been identified within 5 miles, Armor Storage, roughly 4.6 miles away and expected to open in Q3 2027.
Fund
Fund II
Status
Under Construction
Gross Square Footage
109,173 gross sq ft