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Self-Storage Facility

Mequity Two Property Portfolio

2232 Mountain Industrial Blvd, Tucker, GA 30084

Listing Price: Request For Offer

Number of Units
1,843
Occupancy
48.4%
Gross SF
180,000
Rentable SF
171,990
Year Built
1980

Investment Overview

Property has no competition for over three and a half miles to the Northeast, East, and Southeast, which include target markets of Sandy Springs and North Buckhead that have very limited supply and limited zoning for storage. All competition is concentrated to the West of the property.

Investment Highlights

  • Class "A" institutional quality multi-story conversion built on grade with ground level loading and unloading on first and second floors.
  • Facility has leased up at 2.89 percent a month since opening in December 2019. Since opening phase two in December 2020, facility has averaged 4.37 percent lease-up per month, posting 102 net rentals
  • Publix Supermarket anchored development under construction directly across from facility on hard corner of Hugh Howell Road and Mountain Industrial Boulevard

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Self-Storage Facility

Mequity Two Property Portfolio

Listing Price: Request For Offer

Number of Units
1,843
Occupancy
48.4%
Gross SF
180,000
Rentable SF
171,990
Year Built
1980

Investment Highlights

  • Class "A" institutional quality multi-story conversion built on grade with ground level loading and unloading on first and second floors.
  • Facility has leased up at 2.89 percent a month since opening in December 2019. Since opening phase two in December 2020, facility has averaged 4.37 percent lease-up per month, posting 102 net rentals
  • Publix Supermarket anchored development under construction directly across from facility on hard corner of Hugh Howell Road and Mountain Industrial Boulevard

Investment Overview

Property has no competition for over three and a half miles to the Northeast, East, and Southeast, which include target markets of Sandy Springs and North Buckhead that have very limited supply and limited zoning for storage. All competition is concentrated to the West of the property.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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