Downtown Cabot Mini Storage

$2,750,000 | 45,525 NRSF | 318 Units | Cabot, AR

Under LOI

INVESTMENT OVERVIEW

Downtown Cabot Mini Storage comprises 45,525 NRSF of storage spread across 318 units. The facility is presently 97.17% physically stabilized and 94.75% economically stable. It features an on-site office, a manager’s apartment, a state-of-the-art security system, fully gated access, and paved drive aisles. The units vary in size from 50 to 525 NRSF, offering both traditional drive-up and interior non-climate units.

Strategically located, the facility is directly opposite a new Chick-fil-A and an $8.5 million Justice Department project. Additionally, a new access road adjacent to the property is currently under construction, promising increased visibility and traffic. Currently, the property benefits from 24,000 vehicles passing by daily on West Main. In a 3-mile radius, the average household income is $90,195, the current population stands at 26,806, and there’s an annual population growth rate of 0.62%.

INVESTMENT HIGHLIGHTS

  • Fully Stabilized Facility with 97.17% Physical Occupancy
  • Average Household Income of $90,195 within a 3-Mile Radius
  • Population Trend shows Annual Growth of 0.62% within a 3-Mile Radius
  • Prime Location directly across from a Brand New Chick-fil-A and an $8.5 Million Dollar Justice Center
  • Conveniently Situated 20 Minutes Northeast of Little Rock

FACILITY SUMMARY

Property Name: Downtown Cabot Mini Storage
Address: 803 W Elm St, Cabot, AR 72023
County: Lonoke County
Land Size: 2.78 Acres
Total NRSF: 45,525 NRSF of Storage
Total Units: 318 Units
Physical Occupancy: 97.17%
Economic Occupancy: 94.75%
Building Count: 7 Buildings