Self-Storage Facility
Public Storage (Managed)
6002 Cumming Hwy NE, Sugar Hill, GA 30518
Listing Price: Request For Offer
Number of Units
575
Occupancy
17.4%
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.
Public Storage (Managed)
Investment Highlights
- EXCELLENT LEASE-UP // Facility has leased up to 82.58 percent since opening in February 2022, averaging 6.35 percent per month. (Based on March 31, 2023 Management Summary Report)
- PRIDE OF OWNERSHIP // Only Class-A multi-story facility in the market. After achieving physical stability in 13 months of operation, it is primed to lead this market in rental rates through increased
- 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.
Listing Price: Request For Offer
Number of Units
575
Occupancy
17.4%
Gross SF
73,060
Rentable SF
73,060
Year Built
2022
Investment Highlights
- EXCELLENT LEASE-UP // Facility has leased up to 82.58 percent since opening in February 2022, averaging 6.35 percent per month. (Based on March 31, 2023 Management Summary Report)
- PRIDE OF OWNERSHIP // Only Class-A multi-story facility in the market. After achieving physical stability in 13 months of operation, it is primed to lead this market in rental rates through increased
- 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.
