Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Self Storage Development Project located in Clinton, TN. Located at 239 Buffalo Rd in Clinton, TN, this property sits on a strategically positioned 17-acre parcel of land. With approval for 85,000 NRSF of self-storage, this project offers significant potential for investors looking to capitalize on the growing demand for storage solutions in the area. The property boasts 12 acres suitable for storage development, providing ample space to construct a state-of-the-art self-storage facility. The northeast side of the parcel provides exceptional visibility with 2,000 feet of frontage on I-75, a major interstate highway. This prime location ensures high exposure to the 37,000 average daily vehicles passing by. The market for self-storage in Clinton, TN is underserved with only 2.8 square feet per capita of existing supply within a 5-mile radius. This presents a significant opportunity for growth and demand for new storage facilities in a market that commands an average annual rental rate of $19.22 per square foot for a 10x10 climate-controlled unit, indicating strong potential for robust rental income.