This property is Off-Market

1055 Beech Hill Rd.
Summerville, SC 29485 ·

21,000 SF · Industrial For Sale

N/A

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Jenner Storage

Price N/A Occupancy 50%
Building Size 21,000 SF No. Stories 1
Property Type Industrial Tenancy Multiple
Property Sub-type Self/Mini-Storage Facility Year Built 2008
Property Use Type Investment Lot Size 3 AC
Commission Split 2% Features
  • Fenced Yard
  • Trailer Parking
  • Electricity/Power
Cap Rate 10%
Listing ID: 16162552 Date Created: 03/24/2009 Last Updated: 04/20/2011

Description

Newly constructed self storage facility open less than 12 months and showing good lease up velocity. Permitted for outside boat/RV storage with 78 spaces. Industry standard mix of climate/non-climate controlled units, 151 units total. Up to 10 additional acres available for expansion. Cap rate based on 2010 pro-forma. DO NOT INQUIRE ABOUT A MASTER LEASE ON THIS PROPERTY!

Established development directly across from facility with more rooftops and subdivisions within 5 miles either planned or out of the ground now.

Highlights

  • Expansion acreage available
  • Good lease up velocity first 11 months of operation
  • Zoned for outside storage of boats/RV's
  • Growth corridor

Utilities

  • Fenced Yard
  • Trailer Parking
  • Electricity/Power

Research

1055 Beech Hill Rd., Summerville, SC 29485 (Dorchester County)

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