Project Description
The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of two properties located in the Piedmont Triad region of North Carolina.
SOLD
Total Size – 157,141 NRSF
The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of two properties located in the Piedmont Triad region of North Carolina.
Take advantage of the rare opportunity to invest in two established self-storage properties in the growing Piedmont Triad. A densely populated Southern metro, the Triad comprises the major cities of High Point, Winston-Salem and Greensboro and is currently home to 1.7 million residents. The region was formerly known for textile and furniture manufacturing; however, its proximity to major highways has positioned the area as an up-and-coming logistics hub. Additionally, the area is home to many universities with a brand-new, technology-based research park being built in Greensboro. The Greensboro self-storage property is located just three miles from UNCG, making it the perfect option for the city’s many college students. The 79,231 square-foot facility offers 743 units, including climate-controlled options. The Winston-Salem self-storage property is also centrally located near many large apartment complexes and is about 1.6 miles from UNCSA, 1.7 miles from Salem College and 1.9 miles from Winston-Salem State University. This convenient facility houses 846 units in 77,910 square feet of space.
With both properties in such prime locations, this sale presents a unique opportunity for an investor to acquire two established self-storage businesses in a growing metro area with a large student population.
OFFERING HIGHLIGHTS
- Established business serving the growing Piedmont Triad; currently home to 1.7 million residents.
- Both locations are conveniently located with many colleges, universities and apartment complexes within less than three miles.
- Combined, the properties offer a total of 157,141 square feet and 1589 rentable units.
- Properties are protected by state-of-the-art security systems.
- Climate-controlled units are available