Goose Creek Village Self Storage | VA

Located at 20820 Century Corner Dr., Ashburn, VA, the property is ideally positioned to benefit from one of the country’s fastest growing markets, with yearly  population growth greater than 3% within the trade area, boasting an exceptional demographic profile. Yearly median household incomes of $200,000, $169,534 and $159,257 within One, three and five miles respectively.

The class A facility, completed in 2019, is a purpose built, stand alone structure within the Goose Creek mixed use development, containing multi-family, attached single family, retail and office. There is currently no competitor within one mile and only two other storage facilities within the three mile ring. Physical occupancy currently stands at ~74% with average rents projected above $25/psf in year three.

The successful purchaser will benefit from a best in class facility, with revenue runway stemming from continued last phase lease up and strong rental rate growth in one of the highest growth markets in the USA.

INVESTMENT HIGHLIGHTS

• Low Supply Within Trade Area
• One of the Highest Growth Markets in USA
• Exceptional Demographic Profile
• Multiple New Residential Developments
• Best in Class New Construction
• 80% Leased