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4540 East Ridge Dr
Cumming, GA 30041
East Ridge Self Storage · Specialty Property For Sale
·
85,740 SF
Investment Highlights
- The GA-400 corridor is the fastest-growing submarket within the Atlanta MSA and is projected to be through 2040.
- Demographics along the corridor are characterized by high earning and highly educated households.
- The building is fully zoned and entitled, and the pad is shovel ready. East Ridge SS, LLC successfully rezoned the property, secured entitlements, des
- Forsyth County is expected to account for the largest share of job and population growth in the Atlanta MSA from now until 2040.
- The submarket has extremely high barriers to entry with Forsyth county requiring a conditional use permit for any new self storage development
Executive Summary
On behalf of East Ridge SS, LLC (“East Ridge”), the “Sponsor”, Hughes Commercial is pleased to present the opportunity to purchase, on a forward basis, East Ridge Self Storage (the “Property” or “Project”), a new, fourstory climatized, Class A self storage building and land totaling 85,740 SF and 1.478 acres located in the new East Ridge Retail Development on GA 400 in Cumming, GA (Forsyth County). The Project is positioned on GA-400, a major arterial highway providing direct access to Atlanta and its high-demographic northern suburbs. East Ridge Self Storage is positioned to deliver on this highly accessible site in a submarket featuring rapid residential growth coupled with increased jurisdictional restrictions (conditional use permit requirement), as evidenced by the following characteristics:
Property Facts
| Sale Type | Investment | Construction Status | Proposed |
| Property Type | Specialty | Building Size | 85,740 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Construction Status | Proposed |
| Building Size | 85,740 SF |
| No. Stories | 1 |
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