TOP DOG STORAGE PORTFOLIO 2 Specialty Properties Offered at $1,950,000 in Athens, GA



INVESTMENT HIGHLIGHTS
- Two facilities totaling 21,454 NRSF located ±0.69 miles apart operated as one facility
- Future expansion opportunity at the 2970 Lexington Rd location
- Limited competition with single digit square foot per capita within a 3- and 5-mile radius of both locations
- Strong surrounding population – over 45,000 people living in a 3-mile radius and over 90,000 people living in a 5-mile radius
- Advertised rental rates between 6% and 21% below market
- Less than 2-miles away from the University of Georgia which has 43,000 enrolled students as of 2024
EXECUTIVE SUMMARY
Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Price | $1,950,000 |
Price / SF | $90.89 / SF |
Cap Rate | 7.80% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 21,454 SF |
Total Land Area | 4.22 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
A
2205 Lexington Rd, Athens, GA 30605 |
Specialty | 12,554 SF | 1965 | - |
2970 Lexington Rd, Athens, GA 30605 | Specialty | 8,900 SF | 1995 | - |
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