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.