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3392 Nc-65 Germanton, NC

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For Sale
$4,100,000

Self-storage facility with expansion and outdoor parking rentals.

Property size:
42,400 SF
Lot size:
6.79 Acres

Property Features for 3392 Nc-65

General Information

Size
42,400 SF
Lot size
6.79 Acres

Source: Franklin Street | Charlotte Agent Frank DeSalvo

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


Overview

Value-Add Self Storage Facility

This value-add self-storage facility features a 29,800 NRSF expansion completed in 2024, currently in lease up. The facility comprises 7,800 NRSF of climate-controlled units, 34,600 NRSF of non-climate units, and 11 outdoor parking rentals, spread across two locations approximately 0.25 miles apart. Located in Germanton, North Carolina, just north of Winston-Salem in Stokes County, the property benefits from limited competition in the immediate area, evidenced by a saturation rate of 2.0 SF/capita within five miles. The newer facility sits on a 6.74-acre parcel with ample room for future expansion and the further implementation of outdoor parking rentals. There is an opportunity to increase revenue through lease up and stabilization, maximizing fee income, and the implementation of tenant insurance sales. The surrounding area has a strong average household income of $71,290 within five miles. Stokes County is home to 45,532 residents. The Winston-Salem MSA, the fourth largest in North Carolina, is home to 695,630 residents. The property size is 42,400 square feet.
Location Intelligence

Current Use by Public Records

Self storage facilities

Map

City
Germanton
County
Stokes
State
North Carolina
Longitude
-80.2432839
Latitude
36.2858565

FAQs

What type of property is this?
Self storage facility - Self-storage facility with expansion and outdoor parking rentals.
Where is this self storage facility located?
The property is located at 3392 Nc-65 Germanton, NC.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: - Brand new (2024) 29,800 NRSF expansion currently in lease up, offering immediate revenue growth potential.; - Limited competition with a low saturation rate of 2.0 SF/Capita within a 5-mile radius.; - Significant value-add opportunity through lease up & stabilization, maximizing fee income, and tenant insurance sales.
More about this property
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