Investment Overview

Marcus and Millichap is pleased to announce the exclusive offering of Need Space Self Storage – Westbranch, a self-storage facility located at 7305 Westbranch Rd, Olive Branch, MS 38654. The Need Space Self Storage – Westbranch boasts 278 Climate Controlled Units within 33,670 Net Rentable Square Feet. Need Space Self Storage – Westbranch opened in 2022 and is currently 89.57% physically occupied. The asset is located in Desoto County, one of Mississippi’s fastest growing counties due to its location to the greater Memphis metropolitan area which is experiencing exceptional growth. Need Space Self Storage is a state-of-the-art facility that offers brand new 24-hour digital video surveillance, fully fenced, and gated with coded entry and exit, paved drive isles and a large onsite office for onsite management. The population in Olive Branch, MS has grown 34.6% since 2013 and is the fastest growing city in Desoto County MS. Olive Branch has experienced significant job growth in recent years due to its proximity to major transportation hubs including Memphis International Airport, I-55 and I-78. I-78 plays a crucial role in the economic and logistical development of Olive Branch, MS, the interstate provides a direct connection between Olive Branch and areas such as Memphis and Jackson. Companies like Amazon, Fedex, large scale facilities, Nissan, Toyota, and Airbus have set up manufacturing plants in the area. Need Space Self Storage – Westbranch will have a call for offers on April 20 2025 and the price will be determined by the market.