Urow Real Estate

Garner U-Store-It

409 Loop Road, Garner, NC 27529

Garner U-Store-It
Closed

Overview

This is an exclusive opportunity to acquire Garner U-Store-It, a 22,737 NRSF facility, featuring 201 drive-up non climate controlled units in total. Garner U-Store-It offers a plethora of different unit sizes to fit a variety of different client needs. Garner U-Store-It is equipped with state-of-the-art security features, including video surveillance and computerized gate access.

Property Details

Property Type
Self-Storage
Availability
Recently Sold
NRSF
22,737
Units
201
Year Built
1986

Highlights

  • Strong Average Household Income and Traffic Count: Average Household Income of $92,168 Within a 5-Mile Radius of the Subject Property and High AADT of 31,500.
  • Strong Occupancy: 87.6% Physical Occupancy and 88.0% Economic Occupancy, With Current Rates 14-16% Below Market Rental Rates.
  • Strategic Location Advantage: Located Within the Research Triangle Park (RTP) Region and Just ~8-Miles South of Raleigh, the Capital of North Carolina.
  • High Population Density: Strong 5-Mile Population Density of 148,615 and Growth of 1.3%.
  • Limited Supply: Supply Stands at 6.39 NRSF Per Capita Within the 5-Mile Radius of the Property.

Location

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No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.