Storage Time is an institutional quality, Class A facility consisting of 73,765 NRSF among 521 total units. The facility is located in the outlying suburb of Conyers, GA which is a key component of the Atlanta MSA. Included is a mix of 260 single story, drive up units ranging from 25-300 SF, and 261 fully climate controlled units ranging from 25-360 SF. The facility was constructed in 2017 and features a spacious well-appointed leasing office, cement drive aisles, keypad gate access, and security cameras throughout with no immediately necessary capital expenditures.
Currently, Storage Time sustains strong physical occupancy of 84.3%, with an economic occupancy of 71%, which indicates ample opportunity to increase rates on existing tenants as there is a current monthly variance exceeding $17,000. The facility also offers the opportunity to reduce vacancy by implementing a dynamic revenue management program to drive rentals in this flourishing market.
Storage Time benefits from its visibility along GA-138 and Flat Shoals Roads along Iris Drive, with a prominent clock tower signage feature, driving traffic and increasing brand presence. Further, the facility is located among a multitude of dense residential developments and national retailers and is situated within the primary retail corridor in Conyers.
|Property Name:||Storage Time Conyers|
|Address:||1050 Flat Shoals Rd SE, Conyers, GA 30013|
|Land Size:||4.32 Acres +/-|
|Total NRSF:||73,765 NRSF|
|Total Units:|| 521 UNITS
( 260 Non-Climate & 261 Climate)
|Building Count:||5 Single Story Metal Buildings|
|Access||Keypad Gate Access,
Security Cameras Throughout