Climate-Controlled Self-Storage
For Sale
$6,000,000
939 Tiny Town Rd, Clarksville, TN 37042
Self-storage property with a mix of climate-controlled and traditional units, supported by unmanned operations and established occupancy.
Property Size48,000 SF
Price / SF$125
Days on Market51
Property Features for 939 Tiny Town Rd
General Information
Standard status
Active
Size
48,000 SF
Property subtype
Self-Storage Facility
Occupancy
88%
Additional Details
Self-Storage Units
337
Amenities
48,000 rentable sq ft self-storage facility located in rapidly growing Clarksville, Tennessee. The property features 337 total units, including 138 climate and 199 non-climate units.
Current physical occupancy of 87.5%. Benefiting from a diverse economic base anchored by Fort Campbell, as well as major employers including Google, LG Electronics, LG Hankook Tire, Amazon, etc.
The city also benefits from its strategic location along I-24, approximately 40 minutes northwest of Nashville, providing access to the broader Nashville MSA while maintaining strong local employment.
Building Details
Building Size
48,000 SF
Year Built
2006
Units
337
Listing Agency:
Marcus & Millichap | Birmingham
Listed By:
Eddie Greenhalgh · License #License(s): AL: 0000882980
(205) 510-9111
Source:
Marcusmillichap
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 4 at 9:37AM
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 | Birmingham
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Investment Insights
Based on property information with market context.
Top Storage is a self-storage facility at 939 Tiny Town Rd in Clarksville, Tennessee, built in 2006. The property includes 38,225 RSF across 337 units, with 138 climate-controlled units and 199 non-climate-controlled units. Current occupancy is 87%, and operations are unmanned with out-of-state management.
The facility is positioned on Tiny Town Road, with access to I-24 and an approximately 40-minute drive to Nashville. Fort Campbell and the 101st Airborne Division are identified as area demand drivers, while Google, LG, Amazon, Hankook, Bridgestone, and Trane are listed among the major employers serving the market.
The facility is positioned on Tiny Town Road, with access to I-24 and an approximately 40-minute drive to Nashville. Fort Campbell and the 101st Airborne Division are identified as area demand drivers, while Google, LG, Amazon, Hankook, Bridgestone, and Trane are listed among the major employers serving the market.
Key Highlights
- 38,225 RSF self‑storage facility with 337 units
- 138 climate‑controlled and 199 non‑climate‑controlled units
- 87% current occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$408,038
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,160,760
$8.2M
Cap Rate 7%
$5,829,114
$5.8M
Cap Rate 9%
$4,533,756
$4.5M
Market Conditions
NOI Build-Up for 48,000 SF
Gross rent
$633.6K $13.20/SF
− Vacancy
−$50.7K −$1.06/SF
EGI
$582.9K $12.14/SF
− OpEx
−$174.9K −$3.64/SF
NOI
$408.0K $8.50/SF
Area
Clarksville, TN
Vacancy
8.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,160,760
Cap Rate 7%
$5,829,114
Cap Rate 9%
$4,533,756
Alternative Uses
Best Use
Self Storage
$5.83M
$5.10M – $6.80M
NOI $408,038 @ 7.0% cap · market cap 6.80%
Second Best
Warehouse
$4.89M
$4.28M – $5.70M
NOI $342,230 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$8.06M
$7.05M – $9.40M
NOI $564,019 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
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Business Placement
Demographics for 37042, TN
83,498
Population
35,433
Households
2.4
Avg Household Size
29
Median Age
26%
College-Educated
94%
High-School Grad
56.9 sq mi
ZIP Area
1,467
Density / Sq Mi
$66,435
Median Household Income
$38,716
Median Earnings
$1,196
Median Rent
$220,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage property with a mix of climate-controlled and traditional units, supported by unmanned operations and established occupancy.
Where is this self storage facility located?
The property is located at 939 Tiny Town Rd Clarksville, TN.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 38,225 RSF self‑storage facility with 337 units; 138 climate‑controlled and 199 non‑climate‑controlled units; 87% current occupancy
