Space Station Storage

102,978 NRSF | 607 Units | Clarkesville, GA

Closed

INVESTMENT OVERVIEW

Space Station Storage is a premier storage portfolio located at 515 GA-17 and 1345 US Hwy 441 in Clarkesville, GA, within Habersham County. These Class A single-story facilities span 11.08 acres and offer 126,603 NRSF across 787 units, with unit sizes ranging from 50 to 2,500 square feet. The facilities boast a high physical occupancy rate of 90.60% and an economic occupancy rate of 89.21%.

The Space Station Storage facilities benefit from their strategic locations. Situated directly off Highway 441 and GA-17, they have fantastic visibility and road presence with an average daily traffic volume of 16,760 vehicles. The facilities are located just 4.3 miles from one another, with operations currently managed from the 441 on-site office. The Highway 441 facility was completed in February 2018, and the final phase of the GA-17 facility was completed in April 2024. Both facilities provide secured electronic gated access, security cameras, and concrete drive aisles, ensuring a safe and convenient experience for tenants. With no direct competitors within a 5-mile radius, they capture a significant market share in the area.

The surrounding area offers favorable demographics, with an annual population growth of 0.59% and an average household income of $88,334 within a 5-mile radius. This promising economic environment, coupled with the facilities’ modern amenities and strategic positioning, makes Space Station Storage a highly attractive investment opportunity.

INVESTMENT HIGHLIGHTS

FACILITY SUMMARY

Property Name: Space Station Storage
Address: 515 GA-17, Clarkesville, GA 30523
1345 US Hwy 441, Clarkesville, GA 30523
County: Habersham
Land Size: 11.08 Acres
Total NRSF: 126,603 NRSF
Total Units: 787 Units
Unit Sizes 50-2500 SF
Physical Occupancy: 90.60%
Economic Occupancy: 89.21%