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Self-Storage Facility

A-1 Lakeview Safe Storage

8736 King Rd, Fayetteville, NC 28306

Listing Price: $2,200,000

Cap Rate
5.03%
Number of Units
167
Occupancy
95.0%
Rentable SF
23,500
Price/Rentable SF
$93.62
Year Built
2007

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale A-1 Lakeview Safe Storage located in Fayetteville, North Carolina. The facility consists of 46 climate-controlled units and 121 non-climate-controlled units totaling 23,500 net rentable square feet. The facility also features 15 outdoor parking spaces available for rent. This is a stabilized cash flowing facility that is currently 95 percent physically occupied. The property is fully fenced with a keypad, gated entry and 24-hour video surveillance. The location of this facility benefits from a dense and rapidly growing surrounding population. The population within five miles of the facility is 81,090, which represents a 47 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by lots of residential neighborhoods. A-1 Lakeview Safe Storage is being offered for $2,200,000 or $93.62 per rentable square foot.

Investment Highlights

  • 23,500 Net Rentable Square Feet
  • 46 Climate-Controlled Units
  • 121 Non-Climate-Controlled Units
  • 15 Outdoor Parking Spaces
  • Room for Expansion

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Self-Storage Facility

A-1 Lakeview Safe Storage

Listing Price: $2,200,000

Cap Rate
5.03%
Number of Units
167
Occupancy
95.0%
Rentable SF
23,500
Price/Rentable SF
$93.62
Year Built
2007

Investment Highlights

  • 23,500 Net Rentable Square Feet
  • 46 Climate-Controlled Units
  • 121 Non-Climate-Controlled Units
  • 15 Outdoor Parking Spaces
  • Room for Expansion

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale A-1 Lakeview Safe Storage located in Fayetteville, North Carolina. The facility consists of 46 climate-controlled units and 121 non-climate-controlled units totaling 23,500 net rentable square feet. The facility also features 15 outdoor parking spaces available for rent. This is a stabilized cash flowing facility that is currently 95 percent physically occupied. The property is fully fenced with a keypad, gated entry and 24-hour video surveillance. The location of this facility benefits from a dense and rapidly growing surrounding population. The population within five miles of the facility is 81,090, which represents a 47 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by lots of residential neighborhoods. A-1 Lakeview Safe Storage is being offered for $2,200,000 or $93.62 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

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