INVESTMENT OVERVIEW
Grand Ledge Comet Mini Storage
Grand Ledge Comet Mini Storage is a turn-key class B+ two-property portfolio located in Grand Ledge, MI. These facilities comprise of 62,590 NRSF of self-storage among 468 units.
Each of the two facilities are situated on 3 acres of land on the intersection of Village Drive and North Hartel Road. The 3-Mile market boasts an impressive $113,597 average household income with a relatively low square foot per capita for non-climate self-storage, at 8.1.
The facilities were built in 2019 and the final phase began leasing up Spring of 2024, hence its current 64.3% physical occupancy. Grand Ledge Comet Mini Storage is primed for a continuously strong lease-up trajectory and is ready for a new owner.
INVESTMENT HIGHLIGHTS
FACILITY SUMMARY
| Property Name: | Grand Ledge Comet Mini Storage |
| Address: | 11559 N Hartel Rd, Grand Ledge, MI 48837 11508 N Hartel Rd, Grand Ledge, MI 48837 |
| County: | Eaton County |
| Land Size: | 6 Acres |
| Total NRSF: | 62,590 NRSF |
| Total Units: | 468 Units |
| Physical Occupancy: | 64.3% |
| Economic Occupancy: | 56.1% |
| Building Count: | 18 Buildings |
735 Arlington Ave N, Suite 205
St. Petersburg, FL 33701
727.219.9051
FL License #CQ1059487