Mini Storage and Car Wash
For Sale
$1,575,000
406 E Hamlet Ave, Hamlet, NC 28345
Self-storage facility with 143 non-climate-controlled units plus a 4-bay self-serve car wash and related income components.
Property Size14,500 SF
Lot Size2.28 Acres
Price / SF$108.62
Days on Market139
Property Features for 406 E Hamlet Ave
General Information
Standard status
Active
Size
14,500 SF
Total Parking Spaces
15
Lot size
2.28 Acres
Property subtype
Self-Storage Facility
Occupancy
87%
Additional Details
Cap Rate
8%
Service Bays
4
Amenities
143 Drive-up units plus 15 parking spaces
Current Cap Rate - 8%
Seller Financing Available
2.28 acre corner property that includes a 4 Bay Self-Service Carwash , 1 apartment (1bedroom) and 2 car garage / contractor unit
$10 billion project by Amazon to build a new data center campus in the Hamlet-Rockingham area (Planning / Development Phase).
Building Details
Building Size
14,500 SF
Year Built
1997
Units
142
Listing Agency:
Marcus & Millichap - Philadelphia
Listed By:
Andreas Makris · License #License(s): PA: RS366906, NC: LC1037
(215) 531-7088
Source:
Marcusmillichap
Added: Apr 24
Changed: Sep 8
Last Checked: Sep 9 at 5:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Philadelphia
Investment Insights
Based on property information with market context.
TRG Mini Storage & Carwash is a for-sale self-storage and ancillary services property comprising 14,450 net rentable square feet across 143 non-climate-controlled storage units, supported by 15 parking spaces. The site also includes a 4-bay self-serve car wash, a two-car garage with office, and an on-site apartment.
The property is located on a highly visible corner lot in the center of town at 406 E. Hamlet Avenue, Hamlet, NC. It is currently operating at 90.37% physical occupancy.
This offering includes multiple on-site revenue streams tied to self-storage and car-wash operations, with the storage component forming the primary use and the car wash and ancillary structures providing additional income opportunities.
The property is located on a highly visible corner lot in the center of town at 406 E. Hamlet Avenue, Hamlet, NC. It is currently operating at 90.37% physical occupancy.
This offering includes multiple on-site revenue streams tied to self-storage and car-wash operations, with the storage component forming the primary use and the car wash and ancillary structures providing additional income opportunities.
Key Highlights
- Self‑storage and ancillary income property built in 1997 at 406 E. Hamlet Avenue, Hamlet, NC
- 14,450 net rentable SF across 143 non‑climate‑controlled storage units and 15 parking spaces
- Operates at 90.37% physical occupancy with an 8.00% current capitalization rate
Property Analytics
Current Use
Lease Details
4
Service bays
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Explore this area
Business Placement
Demographics for 28345, NC
11,546
Population
5,590
Households
2.1
Avg Household Size
42
Median Age
8%
College-Educated
80%
High-School Grad
71.1 sq mi
ZIP Area
162
Density / Sq Mi
$38,472
Median Household Income
$30,188
Median Earnings
$652
Median Rent
$95,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage facility with 143 non-climate-controlled units plus a 4-bay self-serve car wash and related income components.
Where is this self storage facility located?
The property is located at 406 E Hamlet Ave Hamlet, NC.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Self‑storage and ancillary income property built in 1997 at 406 E. Hamlet Avenue, Hamlet, NC; 14,450 net rentable SF across 143 non‑climate‑controlled storage units and 15 parking spaces; Operates at 90.37% physical occupancy with an 8.00% current capitalization rate
