Athena Drive – Athens, GA

Located off Athena Drive in Athens, GA, this is an exceptional opportunity to acquire a brand-new facility in a high-growth and economically resilient market. Currently, the property consists of a completed Phase 1 Buildout which offers 35,625 NRSF of Storage (20,500 of CC & 15,125 of NC) that is fully operational and ready for business. The facility features an on-site office for administrative convenience, ample parking for tenants, paved drive aisles, standing seam roofs, and secure gated access. Additionally, Phase 2 development is already in progress, which will expand the facility by 65,600 NRSF (43,900 of CC & 21,700 of NC) making the total buildout 101,225 NRSF among 1,075 Units. This facility is situated directly across from Athena Studios, a $60 million film studio that includes 200,000 square feet, with another 150,000 square feet underway. The increase will make Athena one of the largest production studios in Georgia, with several Blockbuster films already scheduled for studio time.

Athens is home to four different colleges, including the University of Georgia, which had an $8.1 billion economic impact on the state of Georgia in 2023, and currently boasts an enrollment of over 40,000 students. It is no surprise that housing development and home sales have continued despite a market-wide slowdown, with 1,541 homes being sold within the last year in Clarke County and 8,634 homes sold within the last 5 years. The combination of a thriving educational environment, a strong economic base, and a robust real estate market make this an ideal investment opportunity.