Project Description
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the property located in the Atlanta metro area.
SOLD
NRSF: 67,518
Acquire an established storage facility within the densely populated Atlanta metropolitan area. The ninth most populous metro in the nation, six million residents, currently call “The ATL” home. The population has grown a staggering 22 percent since the last census—and experts predict the resident count will swell to 8.6 million by 2050.
Cumming, GA, is a commuter town located less than 40 minutes from downtown Atlanta. This self-storage property serves the metro’s growing population with a convenient location just three miles south of the North Georgia Premium Outlets Mall. Completed in 2000, the 67,518 square-foot facility offers 582 secure, rentable units in a versatile size range with climate-controlled options available. The clean, well-kept structure accommodates boats, RVs, trucks, and trailers with ample parking options. The entire facility is protected by 24/7 coded gate access.
All in all, this sale presents a unique opportunity to secure a sizable, established business in a rapidly growing metropolitan where self-storage remains in constant demand.
INVESTMENT HIGHLIGHTS
- Established self-storage business serving the Atlanta metropolitan area; the current population is 6 million.
- The facility offers a total of 67,518 square feet of space and 582 rentable units.
- The facility is just three miles south of a major outlet mall.
- Climate-controlled units are available.
- Parking options for boats, RVs, trucks, and trailers.
- Protected by 24/7 coded gate access.
- Physical occupancy is currently up to 98.1%, while economic occupancy is 79.51%.