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17240 Hwy 26 West, Lucedale, MS 39452
13,750 SF | Industrial
Industrial Property For Sale
- Building Size:
- 13,750 SF
- Property Type:
- Property Sub-type:
- Self/ Mini-Storage Facility
- Property Use Type:
- Commission Split:
- Cap Rate:
- Clear Ceiling Height:
- 9 ft.
- Lot Size:
- 1 AC
- Listing ID
- Last Updated
- 52 days ago
Although our receipts are up, we have reduced our asking price.We are offering a
108 unit mini-storage facility that includes 75 dry units and 33 climate controlled units of varying sizes. The facility is about 8 years old. It consists of 2 buildings that feature a concrete drive, has security lighting and water. The units are very low maintenance with very little grass to cut. The occupancy rate is about 92% and it seldom goes lower than 85% but it's been over 95% often.
There is no fence around the buildings, but this would certainly be a way to increase occupancy and rents. There is a manager in place and she said that she would be glad to continue running the units for the new owner.
Lucedale in located in George county Mississippi which is about 35 miles north of Pascagoula and the gulf coast. I don't know the population but I believe to be around 10,000. The mini-storage is located on hwy 26, which is one of the main thoroughfares in Lucedale.
Map of 17240 Hwy 26 West, Lucedale, MS 39452 (George County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO
- 13,750 SF