Jacksonville Mini Warehouse Industrial Warehouse Asset North Carolina

Sands Investment Group is Pleased to Present Exclusively For Sale Industrial Warehouse Asset Located at 264 Center Street in Jacksonville, North Carolina. This Facility Was Built in 1982 and Features 220 Units Totaling 18,340 Net Rentable Square Feet. The Current Rents Being Charged Are Below Market, Offering Significant Upside to the Potential Buyer. Additional Value-Add Opportunities Include the Implementation of Tenant Insurance Sales, Collecting Ancillary Income & Fees and Selling Merchandise On-Site.

• Value-Add Self Storage Asset Strategically Located Just Off Hwy 53 (32,856 VPD) in Jacksonville, NC
• Facility is 98% Physically Occupied and Prime For Rent Increases
• Below Market Rents Can Be Increased Significantly to Maximize Revenue
• Opportunity to Increase Revenue Through the Implementation of Merchandise and Tenant Insurance Sales
• Property is Fully Gated and is a Good Candidate For Kiosk Rental Operation
• High Military Presence in the Market is Beneficial to the Self Storage Business
• Very Strong Population of 40,276 Within 3-Miles
• Average Household Income of $57,943 Within a 3-Mile Radius
• Nearby Tenants Include: JCPenney, Belk, AMC, AutoZone, KFC, Advance Auto Parts, Taco Bell, Chick-fil-A, Jersey Mike’s Subs and Many More

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

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