Friedman Real Estate closes sale of self-storage facility in Chilicothe

February 2, 2026 - 18:34

A prominent self-storage property in Chillicothe, Missouri, has changed hands in a significant commercial real estate deal. The 33,430-square-foot Elite Storage facility, located at 125 Ryan Lane, was recently sold. The property boasts 229 individual storage units, serving the local community's storage needs.

The transaction was facilitated by Friedman Real Estate, with expert Kris Parker spearheading the effort on behalf of the property seller. The sale underscores the continued strength and investor interest in the self-storage sector, which is often viewed as a stable asset class even amid broader economic fluctuations. The Chillicothe market, like many secondary markets across the nation, presents attractive opportunities for investment in essential services like storage.

Details regarding the final sale price and the identity of the purchasing party have not been publicly disclosed. The successful closure of this deal highlights active movement within the commercial real estate landscape, particularly for functional properties that provide consistent service and revenue potential. Industry observers note that well-located storage facilities remain in high demand from investment portfolios seeking reliable returns.