Overview
Listing Method | For sale |
Address | Marion, NC 28752 |
Size | +/- 86,460 SF |
Available | +/- 86,460 SF |
Price | $6,300,000 |
Property Information
New South Properties is pleased to present L & T Mini Storage in Marion, NC. This portfolio of 5 self-storage sites is primed for expansion and includes 560 non-Climate Controlled units. The sites are all located within a 2-mile radius from downtown Marion. In total this portfolio includes 86,460 net rentable square feet and sits on 7.97 AC of land split into 5 parcels. This extra land would allow an investor to grow the net rentable square footage by 30,000 feet and increase NOI from $413,615 to ~$557,615. Strong traffic counts with over 31,091 VPD
Highlights
- Room for expansion
- Low competition in market
- 48 miles to Asheville regional airport
- 88 miles to CLT International airport
Property Features
- Retail
- Land is 7.97 acres
- Floor Area is 86,460 sqft