Pleasant Garden Road Self Storage is a Class A, Single Story, Recently Constructed facility consisting of 70,989 NRSF among 528 units situated on 11.17 acres of land . The facility was recently expanded in 2022, and rapidly leased up to 99% physical and 94% economic occupancy within the span of one year. Included is a diverse array of units to serve the market, with 294 fully climate controlled units, and 234 drive up non climate units. Currently, Pleasant Garden Road Self Storage is achieving $10.49 PSF, which allows new ownership to increase both in-place and asking rates to optimize revenue. The facility also has excess land for future expansion to meet booming market demand.
Pleasant Garden Road Self Storage features a well-appointed leasing office, secure gated access, an on-site rental kiosk and security cameras throughout the facility. This facility is greatly benefitting from the market growth and strong tailwinds within the Greensboro-Triad MSA. Recently, Toyota announced a $1.3bn battery plant nearby that will create over 1,750 jobs, while Boom Supersonic announced plans to build supersonic aircraft at the nearby Piedmont Triad International Airport.
Pleasant Garden Road Self Storage offers multiple upsides to a new operator, primarily by implementing a rate management program and including ancillary sources of revenue.
|Property Name:||Pleasant Garden Road Self Storage|
|Address:||4165 Pleasant Garden Rd, Greensboro, NC 27406|
|Total Land Area:||11.17 Acres +/-|
|Total NRSF:||70,989 NRSF|
|Total Units:||528 Units|
|Unit Sizes:||50-400 SF|
|Buildings:||6 Single Story Buildings|