Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed, high-quality self-storage facility in Gadsden, Alabama. The property consists of 20,150 net rentable square feet across a mix of drive-up and climate-controlled units. Snyder’s Storage was developed in multiple phases beginning in late 2023, with the final phase delivered in May 2025, and currently boasts 84% occupancy, continuing to trend upward as the facility approaches stabilization. Strategically located along East Meighan Boulevard, one of Gadsden’s major commercial thoroughfares with 20,000+ vehicles per day, the property benefits from exceptional visibility, strong traffic exposure, and proximity to established residential neighborhoods. This location, combined with modern construction, below-market rental rates, and a low saturation level in the surrounding trade area, positions Snyder’s Storage as an attractive acquisition opportunity with immediate cash flow, and revenue upside.