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Self-Storage Facility

Reidsville Mini Storage

1048 Freeway Dr., Reidsville, NC 27320

Listing Price: Request For Offer

Number of Units
687
Occupancy
83.2%
Rentable SF
78,585
Year Built
1980

Investment Overview

Reidsville Mini Storage is located on the southside of Reidsville, NC and is situated just 18 miles north of Greensboro, along highway 29. The Greensboro/Winston-Salem/High Point MSA, often referred to as the "Triad", has seen explosive growth in recent years and now includes over 1.6 million residents. Located centrally in North Carolina, it is connected by Interstates 40, 85, 73, and 74. Totaling 78,585 SF, Reidsville Mini Storage includes 687 units located over three locations that are walking distance from each other (1,700 ft). In total, Reidsville Mini Storage encompasses 18.16 acres of land and 19 total buildings. Of the 687 units, 38 are Climate, 586 are Non-Climate, 36 are Parking, 24 are Go-Minis portable containers, and 3 are Rentable Offices. The facility also includes a large Storage Garage and 7 Container Units. With room for expansion and non-climate rates below the market, Reidsville Mini Storage has plenty of room to grow. Simply bumping current rents 10% will increase the NOI from $262,957 to $319,020.

Investment Highlights

  • One of two facilities within a 5-mile radius with climate units
  • 98% occupied physically
  • Over 5 Acres for expansion
  • 3 non-adjoining parcels within walking distance

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Financing By

Self-Storage Facility

Reidsville Mini Storage

Listing Price: Request For Offer

Number of Units
687
Occupancy
83.2%
Rentable SF
78,585
Year Built
1980

Investment Highlights

  • One of two facilities within a 5-mile radius with climate units
  • 98% occupied physically
  • Over 5 Acres for expansion
  • 3 non-adjoining parcels within walking distance

Investment Overview

Reidsville Mini Storage is located on the southside of Reidsville, NC and is situated just 18 miles north of Greensboro, along highway 29. The Greensboro/Winston-Salem/High Point MSA, often referred to as the "Triad", has seen explosive growth in recent years and now includes over 1.6 million residents. Located centrally in North Carolina, it is connected by Interstates 40, 85, 73, and 74. Totaling 78,585 SF, Reidsville Mini Storage includes 687 units located over three locations that are walking distance from each other (1,700 ft). In total, Reidsville Mini Storage encompasses 18.16 acres of land and 19 total buildings. Of the 687 units, 38 are Climate, 586 are Non-Climate, 36 are Parking, 24 are Go-Minis portable containers, and 3 are Rentable Offices. The facility also includes a large Storage Garage and 7 Container Units. With room for expansion and non-climate rates below the market, Reidsville Mini Storage has plenty of room to grow. Simply bumping current rents 10% will increase the NOI from $262,957 to $319,020.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

Financing By

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