3335 S Church St - Freestanding FOR SALE


Burlington, NC 27215
$1,600,000 USD
919-922-5757
3335 S Church St, Burlington, NC for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/10
null | 6.59% Cap Rate

3335 S Church St
Burlington, NC 27215


HIGHLIGHTS

  • High traffic with almost 22,000 vehicles per day
  • High growth area in terms of households and employment

OVERVIEW

South Church Street Self Storage is located at 3335 S Church St in Burlington, NC on approximately 1.6 +/- acres. The facility consists of 97 standard drive-up storage units, two retail offices and parking. Amenities include gated perimeter fencing around the storage units with electronic keypad access. The facility is surrounded by businesses and residential neighborhoods. Approximately 21,933 vehicles per day drive past the property. It also enjoys easy access to I-40. Both retail buildings received new roofs and HVAC systems between 2019 and 2023, ensuring modernized infrastructure for tenants. Please contact broker for more information regarding upgrades to this facility. In 2024, USA Today named Burlington as the 3rd best place to move to in North Carolina (https://www.usatoday.com/money/homefront/moving/bestcities-in-north-carolina/). With its thriving economy and close proximity to Greensboro and Raleigh-Durham, Burlington has become a popular choice for families, investors, and businesses alike. According to the US Census, the city of Burlington's population grew 4.7 percent from April 1, 2020 to July 1, 2023. The area within a 5-mile radius of the facility grew 1.47 percent annually from 2010 to 2020 (source: ESRI - Census Summary). Alamance County is projected to grow 5.35 percent from 2024 - 2029, significantly faster than the state average of 3.75 percent during the same period (source: ESRI 2024).

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

6.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

S Church Street Self Storage & Retail Offices

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

B-2

APN/PARCEL ID

107298

ASK ABOUT THIS PROPERTY

Hal Tanner IIIMidcoast Properties, Inc.More Info
919-922-5757

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Hal Tanner IIIMidcoast Properties, Inc.More Info
919-922-5757

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