APPROVED SELF STORAGE DEVELOPMENT SITE

Subject property has 65,000 people in a 2-mile radius and a Supply/Demand ration of 3.69 per capita. The project is located at the intersection with 15,000 cars ADT and a traffic signal.Subject property consists of 1.99 acres unimproved land situated at the corner of Skillen St. and Ontario St. in the northwest quadrant of the City of Buffalo (Erie County) New York. Subject parcel is further located due east of the Niagara River and the 1-190 interstate leading from Niagara Falls to the north to downtown City of Buffalo to the south; it is located west of Military Rd. (Rt. 265) and what is considered North Buffalo; located south of Sheridan Dr. (Rt. 324) and the Village of Kenmore; and north of the Rt. 198 loop {Bypass) and the City of Buffalo. Subject property is located on the fringe of industrial users while also being located within a dense population base of 60,000+ people within a two-mile radius. Since the property is located at the intersection of Skillen and Ontario streets, it benefits from a combined traffic count of 8,774 and 7124 cars per day ADT. Subject parcel lies adjacent and contiguous to a new, free-standing Family Dollar store and across the street from a corner 7-Eleven store and a Sunoco Service Station. There is a traffic signal at the intersection of Skillen and Ontario streets. The project is designed for one, 3 story “Big Box” climate control building of 91,800 GLA and one single story building of 17,225 GLA, that is to be climate control, except for the 10’ x 25’ OH drive up units. The project is site plan approved and fully engineered.