Panther Mini Storage comprises 19,980 net-rentable square feet (NRSF) of Climate and Non-Climate self storage distributed across 155 units. The facility is situated on 2 acres of land, with roughly 20,000 square feet of potential expansion. Presently, the facility is 98.25% physically occupied, with an economic occupancy of 97.45%. This facility also holds true value-add, with no in-place website and substantial room to raise rents.
Petal, Mississippi, offers enticing investment opportunities with its strategic location in the southeastern part of the state. The city’s diverse economic landscape, including industries like manufacturing, healthcare, and education, provides investors with stability and growth potential. Petal’s strong commitment to education is exemplified by institutions like the Petal School District, ensuring a well-educated workforce and fostering innovation.
The city’s pro-business environment, competitive tax rates, and supportive local government policies make it an attractive destination for entrepreneurs and self-storage operators seeking to establish or expand their operations. Furthermore, Petal’s focus on community development and quality of life, with parks, cultural events, and a close-knit community, enhances its appeal as an investment destination, fostering a positive environment for businesses and their employees. Overall, Petal, Mississippi, presents a promising landscape for investors looking for economic vibrancy and a strong sense of community.
|Property Name:||Panther Mini Storage|
|Address:||741 S Main St, Petal, MS 39465|
|Land Size:||2 Acres|
|Total NRSF:||19,980 NRSF|
|Total Units:||155 Units|
|Building Count:||7 Buildings|