Investment Overview

The Delaney Self-Storage Group of Marcus & Millichap is pleased to exclusively present the Fenton, Michigan Boat & RV Development Opportunity. This property provides investors the unique opportunity to break into an untapped market with high demand for recreational storage by acquiring and developing 10 fully entitled acres for a future state-of-the-art boat and RV storage facility. The site can accommodate plans for either all large storage condominiums or boat and RV units. Situated at the southwest corner of Fausset Road and US-23, which merges with I-75, the site is strategically located along the main North/South artery in eastern Michigan which spans from Ann Arbor to Mackinaw Island. This site is centrally located with visibility from US-23 (+/- 46,350 vehicles per day) and +/- 580 feet of street frontage along Fausett Road with two exits located only one mile to the north and south of the property from US-23. The subject property is located in Tyrone Township, part of Livingston County, and is surrounded by numerous all sport lakes, marinas, campgrounds, a large manufactured housing community and future planned residential developments. Tyrone Township is within the Shiawassee River watershed and is home to several inland lakes, including the largest lake in the area, Lake Fenton, with more than 11 miles of shoreline, Lake Tyrone, Lake Shannon, Runyan Lake, Hoisington Lake and many others, providing great recreational opportunities for both residents and visitors. Current plans propose 136,680 rentable square feet across 317 units in 7 metal constructed buildings. This site’s prime location in a market with limited competition and a strong demand for recreational storage allows investors the chance to capitalize on this rare opportunity to deliver an institutional grade boat and RV storage asset to an undersupplied market with continued growth and demand.