123 Business Cir - Self-Storage Facilities FOR SALE


Thomasville, GA 31792
$1,200,000 USD
864-569-2786
123 Business Cir, Thomasville, GA for Sale
$1,200,000 USD
Self-Storage Facilities - FOR SALE
1/29
null | Request Cap Rate

123 Business Cir
Thomasville, GA 31792


HIGHLIGHTS

  • Over 1.5 acres of valuable land for expansion
  • Concrete drive aisles
  • High occupancy - currently at 86%
  • Revenue has almost doubled within the past 12 months
  • 88% insurance penetration

OVERVIEW

Introducing Storage Center Rose City, a premier commercial property featuring 13,146 rentable square feet of drive-up storage in 97 units, tailored for industrial and self-storage investors. This meticulously maintained property, established in 1997, offers a compelling investment opportunity in the Thomasville area. Zoned C-1 for Commercial General use, this property provides a versatile platform for diverse industrial and storage expansion endeavors. With its significant unused land and strategic location, Storage Center Rose City is an attractive prospect for investors seeking a solid foothold in the dynamic Thomasville market. This facility was a turnaround project for the current owner. With strong revenue management practices, revenue has almost doubled within the last 12 months. The facility has achieved 88% insurance penetration and 86% unit occupancy. It offers over 1.5 acres +/—for expansion to accommodate a wide variety of commercial and/or light manufacturing purposes. Storage Center Rose City is located in the northeast region within the city limits of Thomasville, where the retail/commercial district meets the residential district. It is situated on a cul-de-sac off Hwy 319/E Jackson St, less than one mile from GA-19 and the local Walmart Supercenter. E Jackson Street is one of the main corridors through the city, with a traffic count of almost 15,000 VPD.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rose City Storage Center

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

C-1

APN/PARCEL ID

011 040022

ASK ABOUT THIS PROPERTY

Robert MosseXp CommercialMore Info
864-569-2786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Robert MosseXp CommercialMore Info
864-569-2786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.