601 Gummow Dr - Self-Storage Facilities FOR SALE


Fallon, NV 89406
$1,325,000 USD
702-643-1000
601 Gummow Dr, Fallon, NV for Sale
$1,325,000 USD
Self-Storage Facilities - FOR SALE
1/13
null | Request Cap Rate

601 Gummow Dr
Fallon, NV 89406


HIGHLIGHTS

  • Value-Add Opportunity: Current occupancy of approximately 76% provides immediate upside through lease-up and improved marketing efforts.
  • Stable Small-Market Investment: Located in Fallon, Nevada, the regional hub for Churchill County
  • Military Demand Driver: Proximity to Naval Air Station Fallon (TOPGUN) creates consistent storage demand from military personnel and families
  • Owner-Managed Operations: Currently owner-operated, presenting an opportunity for new ownership to implement professional management systems
  • Additional Revenue Potential: Opportunity to increase revenue through operational improvements, rental rate adjustments, and light capital expenditure

OVERVIEW

J&J Mini Storage offers investors the opportunity to acquire a self-storage facility in Fallon, Nevada, a stable rural community known as the regional hub of Churchill County. The area benefits from several consistent demand drivers, including the presence of Naval Air Station Fallon (home to the Navy’s TOPGUN program), a strong agricultural base in the Lahontan Valley, and year-round outdoor recreation. Residents in the Fallon area frequently own RVs, boats, trailers, and recreational equipment due to nearby destinations such as Lahontan State Recreation Area and Sand Mountain, supporting ongoing demand for storage solutions. Fallon’s small-town lifestyle, combined with its proximity to the Reno–Sparks metropolitan area approximately one hour away, creates a steady mix of military personnel, local residents, and commuters. The property presents a compelling value-add opportunity for investors seeking to increase operational performance. Currently approximately 76% occupied and owner-managed, the facility provides clear upside through improved management practices, enhanced marketing, and rental rate optimization. Simple cosmetic improvements such as painting and general curb appeal upgrades could further strengthen the property’s visibility and leasing activity. With continued regional economic activity, military demand, and Fallon’s role as the service center for surrounding rural communities, J&J Mini Storage offers investors the potential to increase occupancy, grow revenue, and create long-term value within a resilient real estate asset class.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

J&J Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,813 SF

ZONING

C1

APN/PARCEL ID

008-391-26

ASK ABOUT THIS PROPERTY

Jeffery GordenThe Gorden GroupMore Info
702-643-1000

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Jeffery GordenThe Gorden GroupMore Info
702-643-1000

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