Kwiklock Storage Portfolio

Park City is located just 10 minutes north of downtown Wichita along Interstate 135. Park City is a strong market in the Wichita MSA experiencing a current growth rate of 1.48% per year and 6.19% since the most recent census. Park City is also experiencing robust growth in commercial development with a newly constructed 1.2M square foot Amazon Fulfillment Center and plans for a $128M historic horse racing casino opening in September 2025. Park City’s City Council recently approved a $150M project consisting of 2M square feet of industrial warehouse. Park City also has plans for a new downtown named Park Centre, featuring a 416-unit apartment complex, 89-unit townhome complex, 96,000 square feet of retail space, and a central park. Rose Hill is a growing community of approximately 4,300 people located in southwest Butler County, Kansas. Ranked as the 9th Safest City in Kansas in 2021, Rose Hill is currently experiencing annual growth of 1.2% and 4.96% since the most recent census. Rose Hill takes pride in its state-of-the-art academic and athletic facilities. Post secondary educational opportunities are enhanced by the Health Science Academy at the Butler Community College – Rose Hill site. Many parks, which include a new 9-acre pond/community fishery in the School Street Park. Rose Hill is located approximately 6 miles to the east of Derby, KS which features a growing population of over 25,000 people.Three property portfolio located in two emerging markets in the Wichita, KS MSA. The properties feature many new updates including two automatic gates, keypads, security cameras, LED lighting, gravel, StorEDGE sofware, and many other additions. Opportunity to add value at the Berry Ave location through implementing tenant insurance and future rent growth. Tenant insurance has not been required for existing customers at the Rosewood or Park City locations, allowing a new owner to increase revenue. Both the Berry Ave and and Rosewood locations located in Rose Hill feature future expansion possibilities with over 0.5 acres at each site. Current street rents at the Park City location are below the market average and allow for future growth. Overall, this opportunity features three quality assets that are well positioned to handle the markets future growth.