L&T Mini Storage - Marion, NC

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