Island Storage | Frisco, NC
Sands Investment Group is Pleased to Present Exclusively For Sale the Island Storage Industrial Storage Building Located at 53430 NC-12 in Frisco, North Carolina. The Property Consists of Two Buildings That Were Constructed in 2000 & 2005 and Features 136 Climate-Controlled Units Totalling 12,152 Net Rentable Square Feet. Additionally, There are Six (6) 600 Square Foot Apartments and 52 Boat/RV Parking Spaces Included in This Deal. There is an Additional ~1.0 Acre of Land That Provides an Expansion Opportunity. Other Value-Add Opportunities Include Raising Current Rates, Pushing Merchandise Sales and Implementing Tenant Insurance.
- Property Includes Six (6) 600 SF Apartment Units That Can Be Rented As-Is or Converted to Additional Storage
- Facility Includes 52 Existing Boat/RV Parking Spaces on Approximately 1.0 Acre That Can Be Used as Expansion Room
- Opportunity to Increase Revenues Through the Implementation of Merchandise Sales and Tenant Insurance
- Opportunity to Increase Revenues By Raising Rental Rates on Existing Units
- Facility is 100% Occupied, Providing Immediate Cash Flow to Buyer
- Facility is 100% Climate-Controlled
- High Barrier to Entry and Very Limited Competition in This Market
- Ideally Located Along NC Highway 12 (7,362 VPD) in the Outer Banks of North Carolina
- Frisco is One of the Southern Most Communities in the Outer Banks and is a Premier Tourist Destination Known For its Fishing, Boating and Pristine Beaches
In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575
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