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3032 W Franklin Blvd - Investment Positions Only 43,613 SF Specialty Building Offered For Sale in Gastonia, NC 28052

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INVESTMENT HIGHLIGHTS

  • Fund currently yielding 12% fixed annual dividend to current investors.
  • Comprises a mix of 426 climate-controlled and non-climate-controlled units constructed with spacious driveways and extra-wide hallways.
  • Two-Phase Development: Phase 1 contains 43,613 square feet of rental storage space, while Phase 2 will develop an additional ±36,000 square feet.
  • Passive income investment opportunity: Gastonia Storage is a new 43,613-square-foot self-storage facility currently under construction.
  • Security measures in place, including restricted floor access via a 24/7 tech-enabled portal and floor-to-ceiling LED lighting throughout.
  • Strategically located just off Interstate 85 along Andrew Jackson Highway, less than 30 minutes outside of Charlotte, North Carolina.

EXECUTIVE SUMMARY

Gastonia Storage at 3032 West Franklin Boulevard is the newest addition to Gastonia's lineup of self-storage facilities. Situated on a sprawling 17 acres, this cutting-edge establishment boasts 426 meticulously designed rentable units poised to cater to the expanding needs of one of the nation's fast-growing markets.

This 43,613-square-foot self-storage facility is designed to include both climate-controlled and non-climate-controlled units. Constructed to exceed industry standards, Gastonia Storage prioritizes convenience and security. It features spacious driveways tailored for tandem-axle moving trucks, extra-wide hallways for seamless maneuverability, and floor-to-ceiling LED lighting for optimal visibility. Advanced security protocols, including restricted floor access via a 24/7 tech-enabled portal, are also present to ensure peace of mind.

Additional plans for this spacious lot are underway to develop self-storage units and an office/industrial flex business park on the site. The development will be divided into two phases. Phase 1 will contain 43,613 square feet of rental storage space, while Phase 2 will develop additional square footage to what the market can reasonably absorb, estimated at approximately 36,000 square feet. Investors will benefit from this lucrative passive investment avenue compatible with a 1031 Exchange program.

Gastonia is a vibrant city just west of Charlotte, consisting of quiet residential communities, outdoor adventures, and all the convenience of downtown Charlotte, notably the largest and fastest-growing metropolitan area in the state. Gastonia's relaxed environment and stunning natural surroundings have made this area immensely popular with commuters, who have effortless access to Andrew Jackson Highway and Interstate 85.

OFFERING MEMORANDUM Click Here to Access

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 9.51 AC
Construction Status Proposed
Building Size 43,613 SF
No. Stories 1
Year Built 2026
Parking Ratio 0.8/1,000 SF

AMENITIES

  • Signage

SALE ADVISOR

SALE ADVISOR

Garland Benton, Director of Business Development
Over 20 years offering direct investment opportunities for accredited investors. Primarily focused in Climate Controlled Storage &  Industrial Flex Space Business Parks . Our goal is to create an asset based portfolio that focuses on cash flow generation while providing unique tax benefits to high net worth investors.
Our investment strategy revolves around capitalizing on emerging trends and untapped opportunities within the self-storage, and land development sectors. By partnering with established developers who share our vision for success, we ensure that every project we undertake is backed by a solid foundation of expertise and industry knowledge. This approach allows us to unlock value and generate impressive returns for our investors.
  • Listing ID: 31713399

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 3032 W Franklin Blvd, Gastonia, NC 28052

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