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Self-Storage Facility

Go Store It - Mt. Juliet

166 Belinda Pkwy, Mt. Juliet, TN 37122

Listing Price: $26,000,000

Cap Rate
3.78%
Number of Units
670
Occupancy
88.0%
Rentable SF
92,797
Price/Rentable SF
$280.18
Year Built
2009

Investment Overview

Marcus Millichap is pleased to exclusively offer for sale Go Store It located in Mount Juliet, Tennessee. The facility consists of 406 climate-controlled units, 263 non-climate-controlled units, and one commercial suite, totaling 92,797 net rentable square feet. They also offer eight parking spaces available for rent. This is a stabilized cash flowing facility that is currently 88 percent physically occupied. The property is fully fenced with an on-site management office, and 24-hour video surveillance. The location of this facility benefits from a rapidly growing surrounding population. The population within five miles of the facility has increased by 102 percent since 2000 and is expected to continue to grow another 17 percent over the next five years. It is located off an extremely busy street and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, schools, and much more. This offers the facility great street frontage and high daily traffic counts of around 82,000 cars per day off Interstate 40. Go Store It is being offered for $26 million or $280.18 per rentable square foot.

Investment Highlights

  • Nashville MSA, Class A Self-Storage Offering
  • 92,797 Net Rentable Square Feet
  • 406 Climate-Controlled Units | 263 Non-Climate-Controlled Units | One Commercial Suite
  • Eight Parking Spaces
  • Stabilized Facility: 87.98 Percent Physical Occupancy

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Self-Storage Facility

Go Store It - Mt. Juliet

Listing Price: $26,000,000

Cap Rate
3.78%
Number of Units
670
Occupancy
88.0%
Rentable SF
92,797
Price/Rentable SF
$280.18
Year Built
2009

Investment Highlights

  • Nashville MSA, Class A Self-Storage Offering
  • 92,797 Net Rentable Square Feet
  • 406 Climate-Controlled Units | 263 Non-Climate-Controlled Units | One Commercial Suite
  • Eight Parking Spaces
  • Stabilized Facility: 87.98 Percent Physical Occupancy

Investment Overview

Marcus Millichap is pleased to exclusively offer for sale Go Store It located in Mount Juliet, Tennessee. The facility consists of 406 climate-controlled units, 263 non-climate-controlled units, and one commercial suite, totaling 92,797 net rentable square feet. They also offer eight parking spaces available for rent. This is a stabilized cash flowing facility that is currently 88 percent physically occupied. The property is fully fenced with an on-site management office, and 24-hour video surveillance. The location of this facility benefits from a rapidly growing surrounding population. The population within five miles of the facility has increased by 102 percent since 2000 and is expected to continue to grow another 17 percent over the next five years. It is located off an extremely busy street and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, schools, and much more. This offers the facility great street frontage and high daily traffic counts of around 82,000 cars per day off Interstate 40. Go Store It is being offered for $26 million or $280.18 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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