Listing Agency: Premier Commercial Group, LLC Show Phone

Listed By: Hagan Michael · License #SL3509043 Show Phone

Source: Moodyscre

Added: Oct 31, 2024 Changed: Oct 1 Last Checked: Oct 16 at 11:45AM

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Investment Insights

Based on property information with market context.

This property consists of self-storage facilities with a history of high occupancy, ranging from 92% to 100%. There is an opportunity to expand on both parcels. The property features below-market rents, presenting an immediate value-add opportunity. Automated gates and security cameras are in place.

Key Highlights

• Historically high occupancy (92%-100%)
• Immediate value add potential with below market rents
• Low expenses

Property Analytics

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Current Use

Potty Man Building Supply Askay Storage Storage Facility

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Tanning Salon Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

33

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Self storage facility - Self-storage facility with expansion potential and value-add opportunity.

Where is this self storage facility located?

The property is located at 96 Myrick Rd Thomasville, GA.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: Historically high occupancy (92%-100%); Immediate value add potential with below market rents; Low expenses