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1825 N Fayetteville St Asheboro, NC 27203

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For Sale
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Three self-storage facilities totaling 79,050 SF across 696 units.

Property size:
79,050 SF

Property Features for 1825 N Fayetteville St

General Information

Standard status
Active
Size
79,050 SF

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Listing Contact
Steve Mellon
Source: Crexi

Listing Agency: JLL - Houston, Texas Listing Agent: Steve Mellon

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

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Overview

Durham/Asheboro Self Storage Portfolio

This portfolio consists of three self-storage facilities located in Durham and Asheboro. The properties total 79,050 rentable square feet across 696 units. The portfolio is currently 79.5% physically occupied. These self-storage facilities are well-positioned within their respective trade areas. The portfolio has a history of strong operational performance, providing day-one cash flow with upside potential for immediate returns and long-term value enhancement. These facilities are being marketed as part of a larger 16-property self-storage portfolio, which includes assets in Georgia, South Carolina, North Carolina, and Virginia. The broader portfolio presents an opportunity to establish market-dominant scale across several Sunbelt markets through a single transaction. However, the seller is open to splitting up the larger portfolio into multiple sub-portfolios or single-property transactions.
Location Intelligence

Current Use by Public Records

MyPlace Self Storage Storage Facility

Suggested Use

Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

Location Insight

  • Map
  • Local Demand
City
Asheboro
County
Randolph
State
North Carolina
Longitude
-79.808239
Latitude
35.747725

FAQs

What type of property is this?
Self storage facility - Three self-storage facilities totaling 79,050 SF across 696 units.
Where is this self storage facility located?
The property is located at 1825 N Fayetteville St Asheboro, NC.
What are key features of this property?
This property features: - Three-property self-storage portfolio in Durham/Asheboro, NC totaling 79,050 rentable square feet across 696 units.; - Strong operational performance with current physical occupancy of 79.5%, providing day-one cash flow.; - Substantial upside potential for long-term value enhancement.
More about this property
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