455 Penchem Rd - Self-Storage Facilities FOR SALE


Trenton, KY 42286
$420,000 USD
478-973-5384
455 Penchem Rd, Trenton, KY for Sale
$420,000 USD
Self-Storage Facilities - FOR SALE
1/19
null | 9.5% Cap Rate

455 Penchem Rd
Trenton, KY 42286


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

None

APN/PARCEL ID

032-12B

ASK ABOUT THIS PROPERTY

Walker TutenCharles Hawkins Co.More Info
478-973-5384

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Walker TutenCharles Hawkins Co.More Info
478-973-5384

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