770-285-1331

luke@saulsstoragegroup.com

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Self Storage

A & D Mini Storage

729 Scenic Hwy Lawrenceville, GA 30046

Number of Units: 78

Occupancy: 56% Storage Only

Rentable SF: 14,700

Year Built: 1996

This listing is now under contract.

Investment highlights

  • Small value add dry storage facility on 3.05 acres already zoned for expansion
  • Rates well below market
  • Located in an exploding growth market with high market area density
  • Well maintained with good curb appeal but bad management and marketing for the past 3 years
  • Expandable to approximately 25,000 RSF once small building lease expires
  • Returns may be maximized quickly with aggressive marketing and rent push

General description

This facility is very well built with block construction and standing seam roof. There is
room to add a 6,000 SF climate control building in back. Space for further expansion on the lot after the church lease in the 2,700 sf building expires. Environmental and wetlands study complete and in hand. Traffic on Scenic Hwy exceeds 30,000 vpd.
Demand gap for additional storage. Great opportunity for the small investor to buy, expand and hold for excellent cash flow.

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