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Self-Storage Facility

Public Storage (Managed)

6002 Cumming Hwy NE, Sugar Hill, GA 30518

Listing Price: Request For Offer

Number of Units
575
Occupancy
30.9%
Gross SF
73,060
Rentable SF
73,060
Year Built
2022

Investment Overview

Building layout consists of one three-story building with a fourth “lower level” made up of 570 climate controlled units and 5 additional outdoor parking spaces, totaling 575 units and 73,060 NRSF.

Investment Highlights

  • EXCELLENT LEASE-UP // Facility has leased up to 54.43 percent since opening in February 2022, averaging 13.6 percent per month. (Based on May 31, 2022 Management Summary Report)
  • EXCELLENT TRAFFIC // Facility is located at the main traffic light for Kroger Supermarket with over 34,500 vehicles per day and 270 feet of frontage on Cumming Highway.
  • NO ONCOMING COMPETITION // No facilities planned or under construction within three miles of facility.
  • GREAT DEMOGRAPHICS // Great demographics in the market with a three-mile population of 49,296, median household income of $107,377, and a 5.96 NRSF per capita (below national average).
  • EXCELLENT LOCATION // Facility is in same retail center as fast casual restaurant Zaxby's and directly across from a Kroger anchored retail center along with LA Fitness, McDonalds, Chase Bank and Kroger Fuel Center. Facility is also a quarter of a mile from a Publix anchored retail center featuring UPS, Pizza Hut, Great Clips, and Sherwin Williams.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Self-Storage Facility

Public Storage (Managed)

Listing Price: Request For Offer

Number of Units
575
Occupancy
30.9%
Gross SF
73,060
Rentable SF
73,060
Year Built
2022

Investment Highlights

  • EXCELLENT LEASE-UP // Facility has leased up to 54.43 percent since opening in February 2022, averaging 13.6 percent per month. (Based on May 31, 2022 Management Summary Report)
  • EXCELLENT TRAFFIC // Facility is located at the main traffic light for Kroger Supermarket with over 34,500 vehicles per day and 270 feet of frontage on Cumming Highway.
  • NO ONCOMING COMPETITION // No facilities planned or under construction within three miles of facility.
  • GREAT DEMOGRAPHICS // Great demographics in the market with a three-mile population of 49,296, median household income of $107,377, and a 5.96 NRSF per capita (below national average).
  • EXCELLENT LOCATION // Facility is in same retail center as fast casual restaurant Zaxby's and directly across from a Kroger anchored retail center along with LA Fitness, McDonalds, Chase Bank and Kroger Fuel Center. Facility is also a quarter of a mile from a Publix anchored retail center featuring UPS, Pizza Hut, Great Clips, and Sherwin Williams.

Investment Overview

Building layout consists of one three-story building with a fourth “lower level” made up of 570 climate controlled units and 5 additional outdoor parking spaces, totaling 575 units and 73,060 NRSF.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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