South Church Street Self Storage
$1,600,000
3335 South Church Street, Glen Raven, NC 27215
14,758 sqft
Building Size
1.6 acres
Lot Area
Details:
Highlights:
- Diversified Mix of Retail Buildings and Storage
- Located in Busy Retail Area Surrounded by Neighborhoods
- Burlington Has Seen Significant Growth Since 2010 with Growth Projected to Continue
- Opportunity to Significantly Increase Cash Flow
- Great Opportunity for Remote Management
- Retail Buildings Received New Roofs Between 2019 - 2023 and HVAC Systems Between 2021 and 2022
Description:
South Church Street Self Storage is conveniently located at 3335 S Church St in Burlington, NC, spanning approximately 1.6 acres. The facility features 97 standard drive-up storage units, two retail spaces, and 25 parking spaces.
Key amenities include gated perimeter fencing around the facility with secure electronic keypad access. The property is situated in a high-traffic area, surrounded by businesses and residential neighborhoods, with an estimated 21,933 vehicles passing by daily. Additionally, it offers easy access to I-40, enhancing its convenience for customers.
Both retail buildings received new roofs and HVAC systems between 2019 and 2023, ensuring modernized infrastructure for tenants. Please contact broker for more information regarding upgrades to this facility.
Value Add Potential
• Add Website to Attract New Tenants and Improve Economic Occupancy
• Provide Online Rentals and Payments to Improve Tenant Retention
• Employ Basic Marketing Strategies Such as SEO, Google Ads, Sparefoot, Etc.
• Utilize Proactive Collection Policies
• Improve Road-Front Signage for Beer Visibility
Documents:
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| Offering Memorandum |
Location
Gallery
