2385 Pelham Rd S - Self-Storage Facilities FOR SALE


Jacksonville, AL 36265
$3,860,000 USD
615-521-6955
2385 Pelham Rd S, Jacksonville, AL for Sale
$3,860,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | 6.34% Cap Rate

2385 Pelham Rd S
Jacksonville, AL 36265


HIGHLIGHTS

  • Assumable ~$1.99M CMBS loan at 4.275% fixed rate, expiring November 2031
  • Occupancy increased from 83% to over 90% year-to-date
  • 9.63 SF/capita within 3 miles and 6.61 SF/capita within 5 miles
  • No self-storage facilities in the development pipeline within a five-mile radius
  • Excellent frontage and visibility off Pelham Road with ±22,600 VPD
  • Well-maintained facility constructed in 2018 and expanded in 2021

OVERVIEW

Broker of Record Hutt Cooke License # 000168807-0, 000110253 - 0 (AL) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,860,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jacksonville Secure Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

Commercial

APN/PARCEL ID

12-07-35-0-001-014.000

ASK ABOUT THIS PROPERTY

Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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