Self-Storage Facility
Auction - South Georgia Storage | 272 Units | 2024 Built | 50% Occupancy in Year 1
74 Cornerstone Ln, Brunswick, GA 31523
Starting Bid: $650,000
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3044/
Marcus & Millichap is pleased to offer the fee simple interest in South Georgia Storage located at 74 Cornerstone Lane in Brunswick, Georgia (the “Property”). Constructed in 2024, the Property is a 36,000 RSF / 272-unit non-climate self-storage facility located on New Jesup Highway in Brunswick, Georgia, with strong frontage exposure and ±20,000 VPD. The property is currently operating at ±50.1% physical occupancy and generates in-place cash flow, offering a clear lease-up and revenue growth story for an operator focused on driving occupancy and optimizing rents. With below-market rate positioning relative to competitors and modern security features, the asset is positioned for continued stabilization in a growing Brunswick market.
Brunswick, Georgia anchors the Golden Isles coastal region and benefits from steady visitor and second-home traffic tied to nearby barrier islands such as St. Simons and Jekyll Island, supporting consistent seasonal demand for off-site storage. The market also functions as a logistics and employment node: the Port of Brunswick (Colonel’s Island Terminal) is expanding and is positioned by Georgia Ports Authority as the nation’s busiest gateway for autos and heavy equipment, which supports warehousing, contractors, and household formation tied to port activity. Brunswick is further anchored by the Federal Law Enforcement Training Centers (FLETC) Glynco campus near the airport—an institutional driver that brings recurring training cohorts, staffing, and vendor traffic. For self-storage developers, the combination of tourism-driven turnover, port/industrial employment, and a defined regional customer base across the Brunswick metro supports demand for a mix of climate-controlled and drive-up units in infill and highway-accessible locations. The Property benefits from dense and compelling demographics with a population draw of ±36,395 residents within a 5-mile radius and an average household income of ±$68,141.
Auction - South Georgia Storage | 272 Units | 2024 Built | 50% Occupancy in Year 1
Investment Highlights
- STARTING BID $650,000 | South Georgia Storage | 272 Units | 2024 Built | 50% Occupancy in Year 1 | AUCTION MAY 4-6
- Newly built self-storage facility totaling 272 non-climate units / 36,000 RSF in Brunswick, GA
- ±50% physical occupancy within 12 months | In-place cash flow with demonstrated lease-up runway and traction
- 20,000 VPD Traffic Count Visibility and Frontage on New Jesup Hwy (Hwy 341) | 1.5-miles to I-95 | 1-hour to Jacksonville & Savannah
- Below-market rent positioning vs. nearby competition (supports continued occupancy gains and rent growth) | Common Unit Sizes (5x10, 10x10, 10x15, 10x20)
- Security-focused, durable construction: fenced facility with keypad entry/exit and 15 cameras; metal buildings with poured concrete foundation and standing seam roof
- Attractive Demographics with 5-Mile Population of ±36,395 and Average Household Income of ±$68,141 | 4.4% Expected 5-Year Population Growth
Exclusively Listed By
Broker of Record
-
John M. Leonard
Senior Managing Director, Market Leader- Atlanta
Self-Storage Facility
Auction - South Georgia Storage | 272 Units | 2024 Built | 50% Occupancy in Year 1
Starting Bid: $650,000
Investment Highlights
- STARTING BID $650,000 | South Georgia Storage | 272 Units | 2024 Built | 50% Occupancy in Year 1 | AUCTION MAY 4-6
- Newly built self-storage facility totaling 272 non-climate units / 36,000 RSF in Brunswick, GA
- ±50% physical occupancy within 12 months | In-place cash flow with demonstrated lease-up runway and traction
- 20,000 VPD Traffic Count Visibility and Frontage on New Jesup Hwy (Hwy 341) | 1.5-miles to I-95 | 1-hour to Jacksonville & Savannah
- Below-market rent positioning vs. nearby competition (supports continued occupancy gains and rent growth) | Common Unit Sizes (5x10, 10x10, 10x15, 10x20)
- Security-focused, durable construction: fenced facility with keypad entry/exit and 15 cameras; metal buildings with poured concrete foundation and standing seam roof
- Attractive Demographics with 5-Mile Population of ±36,395 and Average Household Income of ±$68,141 | 4.4% Expected 5-Year Population Growth
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3044/ Marcus & Millichap is pleased to offer the fee simple interest in South Georgia Storage located at 74 Cornerstone Lane in Brunswick, Georgia (the “Property”). Constructed in 2024, the Property is a 36,000 RSF / 272-unit non-climate self-storage facility located on New Jesup Highway in Brunswick, Georgia, with strong frontage exposure and ±20,000 VPD. The property is currently operating at ±50.1% physical occupancy and generates in-place cash flow, offering a clear lease-up and revenue growth story for an operator focused on driving occupancy and optimizing rents. With below-market rate positioning relative to competitors and modern security features, the asset is positioned for continued stabilization in a growing Brunswick market. Brunswick, Georgia anchors the Golden Isles coastal region and benefits from steady visitor and second-home traffic tied to nearby barrier islands such as St. Simons and Jekyll Island, supporting consistent seasonal demand for off-site storage. The market also functions as a logistics and employment node: the Port of Brunswick (Colonel’s Island Terminal) is expanding and is positioned by Georgia Ports Authority as the nation’s busiest gateway for autos and heavy equipment, which supports warehousing, contractors, and household formation tied to port activity. Brunswick is further anchored by the Federal Law Enforcement Training Centers (FLETC) Glynco campus near the airport—an institutional driver that brings recurring training cohorts, staffing, and vendor traffic. For self-storage developers, the combination of tourism-driven turnover, port/industrial employment, and a defined regional customer base across the Brunswick metro supports demand for a mix of climate-controlled and drive-up units in infill and highway-accessible locations. The Property benefits from dense and compelling demographics with a population draw of ±36,395 residents within a 5-mile radius and an average household income of ±$68,141.
Exclusively Listed By
Broker of Record
-
John M. Leonard
Senior Managing Director, Market Leader- Atlanta
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