2026 Chapel Hl Rd Burlington, NC 27215-7143

This exceptional self-storage facility in Burlington, NC presents a compelling value-add investment opportunity. Located at 2026 Chapel Hill Rd, this property boasts 73,746 net rentable square feet across 607 units within eight single-story buildings on a 4.2-acre lot (APN 132552). Constructed in 2004, the facility benefits from its prime location on a major city artery, adjacent to Alamance Community College and the LabCorp Corporate Office. Surrounding the property are retail sites, single-family homes, and the Amberly Trace Apartments, indicating a strong and growing residential base. Alamance County, one of North Carolina's fastest-growing counties, is experiencing significant population growth projected to nearly double the national rate. The area demonstrates robust income levels, with a 5-mile average household income of $64,921 and 42,534 households within a 5-mile radius. Significant upside potential exists through increasing rental rates to match the local market average; for example, a 10x10 drive-up unit currently rents for $80/month, while the market average is $173/month. Further revenue enhancement opportunities include implementing a tenant insurance program and exploring additional supplemental income streams. This property offers investors a chance to capitalize on a thriving market and a strong value-add strategy in a rapidly expanding area.