Project StatusPre-Construction
Gross Sq. Ft.120,000 Sq Ft
Number of Units884
Return on Costs9.59%
Targeted LP Exit IRR19%
Investment StatusAvailable

Deer Park Self Storage

The Rand Road Shoppers Project in Deer Park, Illinois, represents a significant development in a strategically positioned location. Upon completion, this project will feature a Class A, climate-controlled Self-Storage facility spanning 120,000 sq ft, a multi-tenant building with a 6,098 sq ft drive-thru, and a dedicated drive-thru-only Scooter’s Coffee. The self-storage component is particularly noteworthy, catering to a distinct customer base and benefiting from high traffic patterns.

Located on Rand Road/U.S. 12 with over 44,900 vehicles passing daily, the facility offers outstanding street-level visibility. The project’s location within the Chicago-Naperville-Elgin metro area, home to over 9.4 million people, ensures a substantial market reach. With only 6.80 sq ft of self-storage per person—below the national average of 8.52 sq ft—the market is undersupplied. The area boasts a population of 71,582 within a 3-mile radius and is strategically positioned near major traffic generators, enhancing its attractiveness and potential success. The project is currently in the final phase of site plan approval.

Similar Projects

Carol Stream Self Storage

Opa-Locka Self Storage

Camden Self Storage

Investor Login