Safebox Storage- Broad Street Self Storage

Industrial for Sale
Sale Pending/Contingent
Also listed as Business Opportunity
Catylist Listing ID: 30573522
Property Subtypes: Self Storage
Status: Pending/Contingent
Building Size (RSF): 10,750 SF
Gross Building Area: See Agent
Sale Price: $975,000
Unit Price: $90.70 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Safebox Storage
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2020

Overview / Comments

Motivated Seller! Great investment opportunity! Attractive self storage facility located off of Broad Street. The property sits directly across from the new residential community, One Hundred at South Broad. The buildings and facility are in excellent condition. Access into the site is via an electronic gate and the premises is delineated by a 6' high metal security fence.

74 total units:
25 climate-controlled
48 non-climate controlled.
9 parking spaces on-site that rent between $40-60/month.

NOI: $61,970
CAP: 6.35%

For financials please contact:
Robert Maclellan
NAI Charter

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 155F A 003
Zoning: UGC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,970 46,435 121,064
Median Age: 36.21 33.72 36.44
Households: 896 17,685 49,543


Photograph of Listing Agent

Robert Maclellan

NAI Charter Real Estate Corp. Greater Chattanooga REALTORS® Member
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