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  1. Commercial Properties
  2. NE
  3. Papillion
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For Sale

MORE SPACE STORAGE

9518 S 120th St, Papillion, NE 68046

More Space Storage is located on South 120th Street in Papillion, Nebraska, between Cornhusker Road and Giles Road — positioned along one of the primary north-south arterials connecting Papillion to the greater Omaha metropolitan area. The surrounding Highway 370 corridor is one of the most active growth corridors in the MSA, with significant new residential, retail, and commercial development underway, bringing new rooftops and rising household incomes directly to the facility's trade area.More Space Storage is a 416-unit, 96,810-square-foot self-storage facility in Papillion, Nebraska, currently 90% occupied and offered at a 6.3% cap rate. Built in 2020 and 2023, it is one of the newest and best-positioned assets in the Omaha MSA. Property features climate-controlled units, enclosed drive-up garages, secured outdoor parking, digital surveillance, and 24/7 tenant access. The facility is locally built and operated, operationally clean, and primed for immediate upside through straightforward rate optimization. No deferred maintenance. No partnership complexity. Just a modern, well-occupied asset in one of the fastest-growing submarkets in the region.

Key features

  • 90%+ Occupied — Revenue Upside is Rate-Driven, Not Speculative
  • Competitive Positioning in a Fragmented Market
  • New Construction Quality, No Near-Term CapEx Risk
  • Proven Demand in a High-Growth Submarket
  • Quantifiable Near-Term NOI Expansion
  • Straightforward Acquisition with Clean Ownership Structure
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Benjamin Pearson

Lee & Associates

Building Details

  • For Sale $7,250,000
  • Property Type Industrial - Storage
  • Property Size 98,810 SF
  • Units 416
  • Lot Size 8.05 Acre
  • Building Class C
  • Year Built 2020
  • Date Updated Jun 2, 2026
  • Office Area 1,400 SF
  • HVAC None

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Car-Dependent (11)
  • Bike Score ®

    Somewhat Bikeable (18)
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Location

  • City Papillion, NE
  • Neighborhood Pink Industrial Park
  • Zip Code 68046
  • Market Omaha
  • Map
  • Street

Points of Interest

Costco Gasoline

0.98 miles

ChargePoint

1.04 miles

TrilliumCNG

1.06 miles

Fantasy's

1.11 miles

Kum and Go

1.27 miles

Casey's

1.63 miles

Brook Valley BP

1.80 miles

BP

1.92 miles

Phillips 66

1.93 miles

Bus Parking

0.96 miles

Handicap

1.00 miles

F4

1.01 miles

F2

1.04 miles

F1: VIP Lot

1.09 miles

F3

1.13 miles

Papillion-La Vista Vistiting Team Parking

2.03 miles

Park & Bike Path

2.03 miles

Bridle

2.18 miles

Fire Station

1.60 miles

CHI Health Clinic La Vista

2.14 miles

Walmart Pharmacy

2.29 miles

La Vista Police Department

2.39 miles

Papillion Fire Department 2

2.44 miles

Omaha Fire Department - Station 65

2.49 miles

Kohl's Pharmacy

2.75 miles

Nebraska Medicine Brentwood Health Center

2.92 miles

Omaha Police Department Southwest Precinct

2.94 miles

Dunkin'

0.89 miles

Runza

0.91 miles

Sonic

0.92 miles

Burger King

0.93 miles

Amigos

0.96 miles

Jimmy John's

0.97 miles

Pizza West

0.98 miles

Valentino's

1.00 miles

Hot Dog Nation1

1.08 miles

9518 S 120th St Listing Summary

  • What is the asking price at MORE SPACE STORAGE?

    MORE SPACE STORAGE is currently listed for sale at Contact for pricing.

  • What is the total size of MORE SPACE STORAGE?

    MORE SPACE STORAGE has a total of 98,810 square feet.

  • What is the year built for MORE SPACE STORAGE?

    The year built for MORE SPACE STORAGE is 2020.

Contact Listing Broker
broker
Benjamin Pearson

Lee & Associates

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