The Charles Hawkins Co. is pleased to present a strategic self-storage & warehouse investment opportunity at 455 Penchem Road in Trenton, Kentucky. This asset offers immediate cash flow, value-add potential, and future development upside, making it an ideal acquisition for both local owner-operators and regional investors seeking a foothold in the market.
The property spans approximately one acre across two adjoining parcels. The self-storage component includes 36 units totaling 4,840 rentable square feet, currently 80% occupied. The adjacent ±5,000 SF warehouse is recently renovated and recently signed a 2-year lease with a new tenant. The facility also includes approximately half an acre of additional expansion land, offering room for a new storage building, outdoor parking, or mixed-use flexibility (details available upon request).
Just minutes from the Kentucky-Tennessee border and within a short drive of Clarksville, TN, this property benefits from consistent demand drivers in both rural and suburban markets. The site boasts excellent visibility and road access, ideal for both local tenants and pass-through traffic. With limited nearby competition, the facility is well positioned to capture increased rental absorption, implement rate optimization, and grow overall asset value.
KEY POINTS
-36 Self Storage Units ±4,840 SF | 1 Warehouse ±5000 SF § 1 Acre
-80% Occupied
-The only Self Storage facility in Trenton
VALUE ADD
-Opportunity to increase occupancy
-Ability to expand. Owner could add additional storage, immediately
increase NOI via outdoor parking, or add additional warehouse space.
-A capable owner could cut out third party management expenses.