Self-Storage Facility
Fredericksburg, VA Two Property Storage Portfolio
65 Cool Springs Rd, Fredericksburg, VA 22405
Listing Price: $6,400,000
Investment Overview
Marcus & Millichap is pleased to offer for sale a unique self-storage opportunity consisting of Two storage assets located within the Fredericksburg, VA MSA. The first property is a value add 35,000 NRSF existing asset with 65 additional parking spots on 4.8 acres. A new Climate building was added at the end of 2022. The second site is located approximately 7 miles away and is a fully approved/entitled storage development opportunity. 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. Both of these properties are situated in a high growth market with over 8% growth projected over the next 5 years. Average household incomes over 100k within five miles of each site. These properties can be sold separately.
Investment Highlights
- Ability to purchase an existing cash-flowing Storage property with an approved development just a few miles away
- 106,375 total rentable SF between the two sites
- Projected 8% population growth over the next 5 years
- Located on Well trafficked road with excellent visibility (30,000 VPD)
- Average household income well over $100,000 in the market
- Properties can be bought separately
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
Self-Storage Facility
Fredericksburg, VA Two Property Storage Portfolio
Listing Price: $6,400,000
Investment Highlights
- Ability to purchase an existing cash-flowing Storage property with an approved development just a few miles away
- 106,375 total rentable SF between the two sites
- Projected 8% population growth over the next 5 years
- Located on Well trafficked road with excellent visibility (30,000 VPD)
- Average household income well over $100,000 in the market
- Properties can be bought separately
Investment Overview
Marcus & Millichap is pleased to offer for sale a unique self-storage opportunity consisting of Two storage assets located within the Fredericksburg, VA MSA. The first property is a value add 35,000 NRSF existing asset with 65 additional parking spots on 4.8 acres. A new Climate building was added at the end of 2022. The second site is located approximately 7 miles away and is a fully approved/entitled storage development opportunity. 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. Both of these properties are situated in a high growth market with over 8% growth projected over the next 5 years. Average household incomes over 100k within five miles of each site. These properties can be sold separately.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By

