Grand Teton
Las Vegas, Nevada
The northern region of Las Vegas is experiencing significant growth, making it a promising area for development. Grand Teton stands out from the typical DXD investment as it is within a residential community rather than a retail or commercial area. Its neighbors include a high school, parks, medical offices, and many homes. With the combination of high incomes and rapid growth of single-family homes, there is a strong assurance of an ample customer base to fill the 794 units in this facility, which Public Storage will operate—a lovely addition to DXD's portfolio in Las Vegas.
Fund
Fund I
Status
Under Construction
Gross Square Footage
98,002 gross sq ft
Target Gross Levered 4 Year IRR
41.37%
Investment Type
Leasing Investment