Public Storage
Granada Hills, CA
Executive Summary
CBRE’s Self Storage Advisory Group has been retained by ownership as the exclusive listing advisor to market the sale of Public Storage - Granada Hills. This investment opportunity consists of 547 units distributed across 61,204 net rentable square feet of ground level drive-up and interior non-climate-controlled storage space along with 5,095 net rentable square feet of uncovered parking spaces. The facility is strategically located within a rapidly growing submarket offering highly desirable demographics, with 5,025 future residential units in the development pipeline along with an existing population of 453,375 people within a 5-mile radius. This dense infill location also benefits from the strong average household incomes generated by the potential tenant base, averaging $162,122 within a 3-mile radius.
Granada Hills, California is a stable and attractive San Fernando Valley submarket supported by a diversified local economy anchored in neighborhood retail, healthcare, education, and public‑sector employment, while benefiting from strong connectivity to major employment hubs across Los Angeles. The area draws workforce and housing support from nearby California State University, Northridge (CSUN), one of California’s largest universities with approximately 35,000 students, which provides a steady pipeline of educated labor and consistent rental demand. Future growth is underpinned by targeted public and private investment, including the $668 million Metro G Line (Orange Line) transit upgrade, a $274 million modernization of John F. Kennedy High School, and incremental mixed‑use and residential developments along Chatsworth Street that are adding new housing, retail space, construction jobs, and long‑term neighborhood vitality, positioning Granada Hills for steady, infrastructure‑driven growth within the larger Los Angeles economy
*Third Party Managed by Public Storage
Investment Highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $11.4 billion in consideration and over 66.3 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
