Historical Industrial Sale Listing - Jenner Storage

Industrial For Sale

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Jenner Storage

1055 Beech Hill Rd., Summerville, SC 29485

N/A

21,000 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
21,000 SF
Property Type:
Industrial
Property Sub-type:
Self/ Mini-Storage Facility
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
10%
Occupancy:
50%
No. Stories:
1
Tenancy:
Multiple
Year Built:
2008
Lot Size:
3 AC
Listing ID
16162552
Last Updated
over 1 year ago

Utilities

  • Fenced Yard
  • Trailer Parking
  • Electricity/Power

Highlights

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

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.

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

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Created 3/24/2009