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Self-Storage Facility

Union City, GA Storage Opportunity

0 Shannon Pkwy, Union City, GA 30291

Listing Price: $900,000

Cap Rate
5.75%
Number of Units
750
Occupancy
92.0%
Gross SF
120,000
Rentable SF
90,000
Price/Rentable SF
$10.00
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Union City, GA Storage Opportunity located fifteen miles from downtown Atlanta at 0 Shannon Parkway in Union City, Georgia. The prospective facility will feature an estimated 750 climate-controlled units throughout a 120,000 gross square foot two-story building that will make up 90,000 net rentable square feet. The facility will be situated on a 2.49 acre parcel of land.

Investment Highlights

  • List Price for Land: $900,000
  • Estimated Hard Construction Costs: $9 Million
  • Estimated Soft Construction Costs: $1.8 Million
  • Total Estimated Development Costs: $11.7 Million
  • Projected Value Once Built: $14,175,000

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Self-Storage Facility

Union City, GA Storage Opportunity

Listing Price: $900,000

Cap Rate
5.75%
Number of Units
750
Occupancy
92.0%
Gross SF
120,000
Rentable SF
90,000
Price/Rentable SF
$10.00
Year Built
2024

Investment Highlights

  • List Price for Land: $900,000
  • Estimated Hard Construction Costs: $9 Million
  • Estimated Soft Construction Costs: $1.8 Million
  • Total Estimated Development Costs: $11.7 Million
  • Projected Value Once Built: $14,175,000

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Union City, GA Storage Opportunity located fifteen miles from downtown Atlanta at 0 Shannon Parkway in Union City, Georgia. The prospective facility will feature an estimated 750 climate-controlled units throughout a 120,000 gross square foot two-story building that will make up 90,000 net rentable square feet. The facility will be situated on a 2.49 acre parcel of land.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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