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Self-Storage Facility

Carolina Pride Self-Storage & Carwash

1055-1057 Alamance Church Rd, Greensboro, NC 27406

Listing Price: $2,125,000

Cap Rate
7.12%
Number of Units
163
Occupancy
100.0%
Rentable SF
14,075
Price/Rentable SF
$150.98
Year Built
2003

Investment Overview

OFFERS DUE 6/6/2023 Marcus & Millichap is pleased to exclusively offer for sale Carolina Pride Self-Storage & Carwash. This investment includes 1055-1057 Alamance Church Rd & 2106 Bristol Rd. Situated within the densely populated Greensboro, NC, the self-storage facility contains 14,075 net rentable square feet with 150 non-climate controlled units and 13 parking spaces. Currently, the property is operating at 100% Physical Occupancy with current rents 30% below market. The facility is setup for a new buyer to remotely manage with 24 hour surveillance , gate access system and kiosk on-site. The lot, which is 2.09 acres, also includes a busy 8 bay car was (6 self service bays and 2 Touchless Automatics w/ Dryers) and sits along Alamance Church Rd which sees roughly 7,900 vehicles per day. This great location is directly across the street from a new Walmart Neighborhood Market and walking distance to McDonald's, Burger King, Arby's, Wendy's, Dominos, CVS Pharmacy, and Food Lion.

Investment Highlights

  • 100% Physical Occupancy - 150 non climate controlled units - 13 Parking Spaces - 30% under market rents
  • Great Location - New Walmart Neighborhood Market across the street and walking distance to McDonald's, Burger King, Arby's, Wendy's, Dominos, CVS Pharmacy and Food Lion
  • Includes Busy 8 Bay Self-Serve Car Wash- 6 Self-Serve & 2 Touchless Automatics w/ Dryers
  • Setup for Remote Management - Gate access system - Kiosk onsite
  • 7,900 Vehicles Per Day

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

Carolina Pride Self-Storage & Carwash

Listing Price: $2,125,000

Cap Rate
7.12%
Number of Units
163
Occupancy
100.0%
Rentable SF
14,075
Price/Rentable SF
$150.98
Year Built
2003

Investment Highlights

  • 100% Physical Occupancy - 150 non climate controlled units - 13 Parking Spaces - 30% under market rents
  • Great Location - New Walmart Neighborhood Market across the street and walking distance to McDonald's, Burger King, Arby's, Wendy's, Dominos, CVS Pharmacy and Food Lion
  • Includes Busy 8 Bay Self-Serve Car Wash- 6 Self-Serve & 2 Touchless Automatics w/ Dryers
  • Setup for Remote Management - Gate access system - Kiosk onsite
  • 7,900 Vehicles Per Day

Investment Overview

OFFERS DUE 6/6/2023 Marcus & Millichap is pleased to exclusively offer for sale Carolina Pride Self-Storage & Carwash. This investment includes 1055-1057 Alamance Church Rd & 2106 Bristol Rd. Situated within the densely populated Greensboro, NC, the self-storage facility contains 14,075 net rentable square feet with 150 non-climate controlled units and 13 parking spaces. Currently, the property is operating at 100% Physical Occupancy with current rents 30% below market. The facility is setup for a new buyer to remotely manage with 24 hour surveillance , gate access system and kiosk on-site. The lot, which is 2.09 acres, also includes a busy 8 bay car was (6 self service bays and 2 Touchless Automatics w/ Dryers) and sits along Alamance Church Rd which sees roughly 7,900 vehicles per day. This great location is directly across the street from a new Walmart Neighborhood Market and walking distance to McDonald's, Burger King, Arby's, Wendy's, Dominos, CVS Pharmacy, and Food Lion.

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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