3416 Nc-97 Hwy - Self-Storage Facilities FOR SALE
Wendell, NC 27591 |
3416 Nc-97 Hwy
Wendell, NC 27591
HIGHLIGHTS
- Impressive Occupancy: 93.3% Physically Occupied (October 17, 2024)
- Huge management upside on raising street rents to market rates and implementing tenant insurance
- Subject Property Street Rate on a 10X10 CC 1st Floor is $135 Versus Local Market AVG of $213
- Rapidly Growing Market: 6,589 Future Residential Units in Development Pipeline (5-Mile Radius)
- Strong Income Submarket: Average Household Income - $103,411 (5-Mile Radius)
- Facility Expansion Available: Approximately 5,400 NRSF
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Cornerstone Self Storage
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
59415
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
8.6 AC AC
LAND SF
374,616 SF
ZONING
-
APN/PARCEL ID
1774.02-88-5588-000
