Self-Storage Facility
Natchez Mall Self Storage
350 John R Junkin Dr, Natchez, MS 39120
Listing Price: $2,135,375
Occupancy
1.0%
Rentable SF
85,415
Price/Rentable SF
$25.00
Year Built
1980
Investment Overview
Shovel-Ready Self-Storage Conversion Opportunity Attached to the Natchez Mall
Natchez Mall Self Storage
Investment Highlights
- Shovel-Ready Self-Storage Conversion Opportunity Attached to the Natchez Mall
- Opportunity to Develop 65,000+ SF of Class "A" Climate-Controlled Self Storage
- 3.41-Acre Plat Containing 85,415 Gross SF of Existing Interior, Shovel-Ready, Self Storage Conversion Site
- Plans, Costs and Future Management Have Been Fully Vetted Out | New Ownership will be Able to Start Conversion Work Immediately
- Direct Access/Exposure to Most Heavily Trafficked Road in Natchez (John R Durkin Dr – Roughly 21,000 VPD)
- Self-Storage Vacancy was Near Pre-Pandemic Levels in Most Major Metros Entering 2024, Despite Substantial Construction During the Preceding Four Years. The Absorption of This Space Indicates Increasing Long-Run Storage Demand
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,135,375
Occupancy
1.0%
Rentable SF
85,415
Price/Rentable SF
$25.00
Year Built
1980
Investment Highlights
- Shovel-Ready Self-Storage Conversion Opportunity Attached to the Natchez Mall
- Opportunity to Develop 65,000+ SF of Class "A" Climate-Controlled Self Storage
- 3.41-Acre Plat Containing 85,415 Gross SF of Existing Interior, Shovel-Ready, Self Storage Conversion Site
- Plans, Costs and Future Management Have Been Fully Vetted Out | New Ownership will be Able to Start Conversion Work Immediately
- Direct Access/Exposure to Most Heavily Trafficked Road in Natchez (John R Durkin Dr – Roughly 21,000 VPD)
- Self-Storage Vacancy was Near Pre-Pandemic Levels in Most Major Metros Entering 2024, Despite Substantial Construction During the Preceding Four Years. The Absorption of This Space Indicates Increasing Long-Run Storage Demand
Investment Overview
Shovel-Ready Self-Storage Conversion Opportunity Attached to the Natchez Mall
Exclusively Listed By
Broker of Record
Financing By
