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400 W Depot St Angier, NC 27501

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91-unit self-storage facility in a growing North Carolina town.

Building Details

Year built
1992

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Listing Contact
Justin Wiesehan
Justin Wiesehan
Source: Lee-associates

Listing Agent: Justin Wiesehan

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

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Overview

Angier Mini Storage Investment Opportunity

Angier Mini Storage, located at 400 W Depot St in Angier, NC, features 91 drive-up units. Constructed in 1992, the facility comprises 10,850 net rentable square feet across five buildings, situated on a 0.93-acre site. The unit sizes range from 10x5 to 25x15, with a concentration on core demand units, including 41 units at 10x10 and 18 units at 10x15. The property benefits from drive-up access, facilitating operations and tenant turnover. The facility is currently at 88.94% physical occupancy and 88.34% economic occupancy. Current average rent per unit is $77.63, or $0.64 per square foot monthly. Angier, NC, is a rapidly growing small-town community in northern Harnett County, located approximately 22 miles from Raleigh and 37 miles from Fayetteville, providing access to the Triangle economy. There is potential for rent increases, with 10x20 units currently renting for $90 compared to a market rate of $138, and 10x15 units renting for $90 compared to a market rate of $108.
Location Intelligence

Current Use by Public Records

Angier Mini Storage Storage Facility

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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  • Local Demand
City
Angier
County
Harnett
State
North Carolina
Longitude
-78.7323885
Latitude
35.5066002

FAQs

What type of property is this?
Self storage facility - 91-unit self-storage facility in a growing North Carolina town.
Where is this self storage facility located?
The property is located at 400 W Depot St Angier, NC.
What are key features of this property?
This property features: - High physical (88.94%) and economic (88.34%) occupancy rates indicate strong demand.; - Significant rental upside potential, particularly for 10x20 units (53.3%).; - **91 drive-up units provide convenient access and simple operations.**
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