Self-Storage Facility
Cloverleaf Self Storage Development Opportunity
3392 Cloverleaf Pkwy, Kannapolis, NC 28083
Listing Price: $1,950,000
Investment Overview
Marcus & Millichap is pleased to offer for sale Cloverleaf Pkwy Self Storage Development opportunity in Kannapolis, NC (Charlotte MSA). This parcel consists of 2.39 Acres has a special use permit to develop a Class A self storage facility up too 100k gross SF, and up to 750 climate controlled units. This site well located across from the Home Depot and has excellent visibility from I-85 which sees over 102k VPD. The city of Kannapolis is seeing tremendous growth with over 3,500 new multifamily units either planned or already under construction.
Cloverleaf Self Storage Development Opportunity
Investment Highlights
- Self Storage Development opportunity in a rapidly growing submarket of Charlotte, NC
- This site will have visibility from I-85 which sees over 102,000 AADT and Concord Lake rd. which see over 17,000 AADT.
- Special Use Permit Allows for 4 story building totaling 100,000 gross SF and up to 750 units
- Over 100,000 residents in a 5-mile radius, with 8% population growth expected by 2028.
- Low Saturation - 8.13 SF/Person in a 5-mile radius
- Over 3,500 new multifamily units planned or under construction in surrounding area.
Self-Storage Facility
Cloverleaf Self Storage Development Opportunity
Listing Price: $1,950,000
Investment Highlights
- Self Storage Development opportunity in a rapidly growing submarket of Charlotte, NC
- This site will have visibility from I-85 which sees over 102,000 AADT and Concord Lake rd. which see over 17,000 AADT.
- Special Use Permit Allows for 4 story building totaling 100,000 gross SF and up to 750 units
- Over 100,000 residents in a 5-mile radius, with 8% population growth expected by 2028.
- Low Saturation - 8.13 SF/Person in a 5-mile radius
- Over 3,500 new multifamily units planned or under construction in surrounding area.
Investment Overview
Marcus & Millichap is pleased to offer for sale Cloverleaf Pkwy Self Storage Development opportunity in Kannapolis, NC (Charlotte MSA). This parcel consists of 2.39 Acres has a special use permit to develop a Class A self storage facility up too 100k gross SF, and up to 750 climate controlled units. This site well located across from the Home Depot and has excellent visibility from I-85 which sees over 102k VPD. The city of Kannapolis is seeing tremendous growth with over 3,500 new multifamily units either planned or already under construction.
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