TriLink Storage Portfolio 3 Properties Offered at $10,835,000 in Lumberton, NC

EXECUTIVE SUMMARY

• Three-Property Storage Portfolio Comprised of 8,300 NRSF of Climate-Control Units, 133,905 NRSF of Non-Climate Units, 7 Covered Parking Spaces, and 18 Outdoor Parking Spaces
• Ample Expansion Room at All Three Locations and Opportunity to Convert Large Vacant Units at the Gavintown Rd. Location into Additional Climate-Control Units
• All Three Locations Have Leasing Offices But Are Managed by One Employee Due to the Facilities Being Within Five Miles of Each Other
• Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases
• Since the 2020 Census, There Has Been 2.8% Annual Population Growth Within Three Miles of the Gavintown Road Location
• Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insurance Income Revenue Streams
• Portfolio Consists of Roughly 40% of the Net Rentable Square Feet of Self Storage Within Five Miles of the Gavintown Road Location
• Lumberton is Located in Southeastern North Carolina Approximately 30 Miles South of Fayetteville
• The Lumberton MSA is Part of the Larger Fayetteville-Lumberton-Pinehurst Combined Statistical Area Which is the 4th Largest in North
Carolina and is Home to 693,299 Residents

PROPERTY FACTS

Price $10,835,000
Price / SF $76.19 / SF
Cap Rate 6.50%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 142,205 SF
Total Land Area 20.18 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2171 Gavintown Rd, Lumberton, NC 28358 Retail 59,343 SF 1993 -
1402 Linkhaw Rd, Lumberton, NC 28358 Specialty 50,742 SF 1993 -
1600 Starlite Dr, Lumberton, NC 28358 Specialty 32,120 SF 1993 -
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  • Listing ID: 36094664

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: TriLink Storage Portfolio, Lumberton, NC