Self-Storage Facility
Space Place Self Storage
549 Freedom Way, Piney Green, NC 28544
Listing Price: $3,700,000
Investment Overview
The Gorman Self Storage Group with Marcus & Millichap is pleased to offer the sale of Space Place Self Storage in Piney Green, NC. This investment includes 379 units totaling 44,475 NRSF of climate and non-climate storage. Rental rates at Space Place Self storage are currently more than 30% below market and there is room to expand the site by approximately 20,000 NRSF.
Exclusively Listed By
Financing By
Listing Price: $3,700,000
Investment Highlights
- Over 30% Below Market Rental Rates
- Room to Expand ~20,000 SF
- Physical Occupancy 93%
- 27,500 VPD on Freedom Way
- Located Next to Camp Lejeune- 40K Active-Duty Service Members & Families
- 24.3% Estimated Levered IRR
Investment Overview
The Gorman Self Storage Group with Marcus & Millichap is pleased to offer the sale of Space Place Self Storage in Piney Green, NC. This investment includes 379 units totaling 44,475 NRSF of climate and non-climate storage. Rental rates at Space Place Self storage are currently more than 30% below market and there is room to expand the site by approximately 20,000 NRSF.
Exclusively Listed By
Financing By
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