INVESTMENT OVERVIEW
Social Circle is a Class A, Single Story, Recently Constructed facility consisting of 27,780 NRSF among 234 Units and is situated on 8.2 acres of land. The facility was recently expanded and completed in June 2022. During each stage of completion, the facility rapidly leased up, with 132 units rented in the first 3 months. The facility is currently at 98% physical and 84% economic occupancy. The facility also includes a Phase 2 Site Plan for an additional 28,492 SF, retention already in place, and additional land for a Phase 3 expansion or parking. This facility has no competitors in a 3-Mile radius and is located 4 miles from the Newton Data Center- a multi-billion dollar project featuring Facebook & Rivian. The facility also features secured electronic gated access and concrete drive aisles. The Average Household Income in a 3-mile radius is $87,857, and the population growth is projected for 1.11% in 2023 – 4.45 times the National Average.
INVESTMENT HIGHLIGHTS
FACILITY SUMMARY
Property Name: |
Social Circle Storage |
Address: |
111 Thurman Baccus Wy, Social Circle, GA 30025 |
County: |
Walton County |
Lot Size: |
8.2 Acres |
Total NRSF: |
27,780 NRSF |
Total Units: |
234 Units |
Units Size: |
25-250 SF |
Physical Occupancy |
98% |
Economic Occupancy |
84% |
735 Arlington Ave N, Suite 205
St. Petersburg, FL 33701
727.219.9051
FL License #CQ1059487