440 Storage presents a compelling investment opportunity within the robust North Little Rock self-storage market. Positioned along Faulkner Lake Road with unparalleled visibility from Interstate 440 (averaging 57,000 vehicles per day), this property benefits from exceptional regional connectivity and high exposure. The facility comprises 33,825 NRSF across 304 drive-up units and includes an onsite manager’s apartment. Built in 2001, this asset features secure gated access, perimeter fencing, keypad entry and a fully paved surface to support efficient operations.
With current physical occupancy at 70% and economic occupancy at 32%, there is significant upside potential through operational improvements, lease-up strategies, and rate adjustments. The property sits within a growing trade area characterized by limited self-storage supply, strong rental growth, and new development constraints creating barriers to entry. Additionally, an extra acre of expansion land offers room to scale operations and capture additional market share in this high-demand corridor. Immediate proximity to major employers and residential communities further reinforces long-term revenue growth potential.