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Self-Storage Facility

Cool Springs Storage Development

65 Cool Springs Rd, Fredericksburg, VA 22405

Listing Price: $2,950,000

Number of Units
443
Occupancy
1.0%
Gross SF
85,025
Rentable SF
71,325
Price/Rentable SF
$41.36
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to offer for sale a self-storage development opportunity located in Fredericksburg, Virginia. This property plans to feature 443 climate-controlled units totaling 71,325 net rentable square feet. This facility will benefit from excellent street frontage and a growing surrounding population. The Fredericksburg, Virginia Storage Opportunity will sit on 4.58 acres of land and will be located about 50 miles south of Washington, D.C.

Investment Highlights

  • Fredericksburg, Virginia Self-Storage development opportunity
  • Proposed 71,325 Net rentable square feet
  • Stabilized 8.6% Cap rate (Year 3)
  • Located on Well trafficked road with excellent visibility (30,000 VPD)

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Self-Storage Facility

Cool Springs Storage Development

Listing Price: $2,950,000

Number of Units
443
Occupancy
1.0%
Gross SF
85,025
Rentable SF
71,325
Price/Rentable SF
$41.36
Year Built
2024

Investment Highlights

  • Fredericksburg, Virginia Self-Storage development opportunity
  • Proposed 71,325 Net rentable square feet
  • Stabilized 8.6% Cap rate (Year 3)
  • Located on Well trafficked road with excellent visibility (30,000 VPD)

Investment Overview

Marcus & Millichap is pleased to offer for sale a self-storage development opportunity located in Fredericksburg, Virginia. This property plans to feature 443 climate-controlled units totaling 71,325 net rentable square feet. This facility will benefit from excellent street frontage and a growing surrounding population. The Fredericksburg, Virginia Storage Opportunity will sit on 4.58 acres of land and will be located about 50 miles south of Washington, D.C.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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