Storage for Sale

Piedmont Self Storage | Randleman, NC

Sands Investment Group is Pleased to Present For Sale the Piedmont Self Storage Located in Randleman, North Carolina. This Facility Features 235 Drive-Up Units Totalling 29,400 Net Rentable Square Feet. This Site Includes Approximately Three Acres of Expansion Land, Providing This Deal With Significant Upside. Additional Value-Add Opportunities Include Increasing Revenue Through Lease-Up and Stabilization, Steadily Pushing Standard Rates, Maximizing Ancillary Income, and the Implementation of Tenant Insurance Sales.

  • Value-Add Self Storage Facility Strategically Positioned as the Only Storage Option in the Immediate Trade Area
  • Facility is 99% Physically Occupied and 73.5% Economically Occupied
  • Site Includes Roughly Three (3) Acres of Expansion Land
  • Opportunity to Increase Revenue Through Bringing Existing Tenants Up to Standard Rates
  • Opportunity to Increase Revenue Through the Implementation of Tenant Insurance Sales and the Collection of Ancillary Income
  • Opportunity to Increase Revenue By Steadily Raising Standard Rates
  • Facility is Fully Gated With Keypad Access, Making it an Ideal Candidate for Remote Management
  • Close Proximity to Randleman Lake Provides Demand for Boat/RV Storage
  • Healthy Population of 20,327 Residents Within 5-Miles of the Site
  • Randleman is Located in North Carolina’s Growing Piedmont Triad Region, Less Than 15 Miles From Greensboro, High Point and Asheboro

In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575

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