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1239 Kenric Rd Lumberton, NC 28360

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For Sale
$1,015,000

Cash-flowing self-storage facility with expansion potential in Lumberton, NC.

Property size:
11,200 SF
Lot size:
10.00 Acres

Property Features for 1239 Kenric Rd

General Information

Size
11,200 SF
Lot size
10.00 Acres

Source: Franklin Street | Charlotte Agent Josh Snead

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Self-Storage Facility with Expansion Potential

This cash-flowing self-storage facility features 95 non-climate controlled units, totaling 11,200 net rentable square feet, and 23 outdoor parking rentals. The facility sits on a 5.03-acre lot, offering ample room for future expansion. Strong occupancy trends and successful lease-up have been observed since the beginning of 2025. There is an opportunity to increase revenue through stabilization and the implementation of existing customer rent increases, as well as maximizing fee income and mandating tenant insurance sales. Limited competition exists in the immediate trade area, with just one other storage facility within five miles. 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 home to 693,299 residents.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

95 Storage and RV Self-Storage Facility

Suggested Use

Wholesale Shop Auto Repair Shop Department Store Accounting Firm Storage Facility Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lumberton
County
Robeson
State
North Carolina
Longitude
-79.0852858
Latitude
34.6107984

FAQs

What type of property is this?
Self storage facility - Cash-flowing self-storage facility with expansion potential in Lumberton, NC.
Where is this self storage facility located?
The property is located at 1239 Kenric Rd Lumberton, NC.
What is the asking price?
The asking price for this property is $1,015,000.
What are key features of this property?
This property features: - Strong occupancy trends and successful lease-up since the beginning of 2025.; - Opportunity to increase revenue through stabilization and the implementation of existing customer rent increases.; - Limited competition in the immediate trade area, with just one other storage facility within five miles.
More about this property
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