Offering Website: http://www.assuredstoragemaryville.com
Colliers is pleased to present, exclusively to qualified investors, the opportunity to acquire an
institutional-quality self-storage facility along with two satellite locations within the Knoxville MSA.
Assured Storage of Maryville consists of a primary facility at 1915 W. Lamar Alexander Parkway and
two satellite properties, all within a three-mile radius. Together, these locations encompass 691
units across 87,725 square feet, with a blended physical occupancy of 68.5%.
The flagship facility on West Lamar Alexander Parkway spans approximately 8.21 acres and features
11 single-story metal buildings, along with a dedicated management office. Included in this offering
is a ±0.7-acre outparcel fronting the Parkway, ideal for single-tenant retail development or additional
storage units. Additionally, an approved 24,000-square-foot split-level expansion is planned at
the rear of the property. The facility boasts premium amenities, including a gated entrance with
key-code access, a spacious management office with a second-story apartment, 24-hour video
surveillance, asphalt drive aisles, well-maintained landscaping, and security lighting. Recognized as
one of Maryville’s premier storage assets, this facility offers a best-in-class tenant experience.
Located just 2.3 miles from the primary site, the satellite facility at 210 Brookdale Road consists
of a single-story metal building with gravel drive aisles on a ±0.57-acre parcel. Another satellite
location, 211 Queen Circle, is positioned 2.9 miles from the flagship site at the end of a cul-de-sac.
This property includes two single-story metal buildings with gravel drive aisles on ±0.69 acres and
consistently maintains strong occupancy due to its proximity to Foothills Mall.
Maryville, Tennessee, is a thriving community located just 20 miles south of Knoxville—the state’s
third-largest city and the 127th largest in the United States. The region benefits from major
employers such as Denso Manufacturing Tennessee, Alcoa, the University of Tennessee, Oak Ridge
National Laboratory, and TVA. The surrounding five-mile trade area is home to 68,592 residents,
with an impressive average household income of $97,342. With a highly educated workforce and a
comparatively low cost of living, the area is positioned for continued economic expansion.
Offered at $14,870,000, Assured Storage is priced at a stabilized 7.25% cap rate and $169.51 per
square foot. This asset presents an outstanding investment opportunity in a high-growth, affluent
Knoxville suburb. Investors can realize significant upside through strategic revenue management
while capitalizing on the area’s robust population growth, expanding economy, and proximity to
major universities and commercial hubs.