Sto-Rite Self Storage | Jonesboro, AR
Sands Investment Group is Pleased to Present For Sale the Sto-Rite Self Storage Located in Jonesboro, Arkansas. This Brand New Facility Was Delivered in January of 2022 and Features 80 Climate Control Units Totaling 14,000 Net Rentable Square Feet and 132 Drive Up Units Totaling 26,000 Net Rentable Square Feet. The Site Includes 1.8 Acres of Expansion Room, Providing This Deal With Significant Upside. Additional Value-Add Opportunities Include Increasing Revenue Through Lease-Up and Stabilization, Maximizing Ancillary Income Collections, and the Implementation of Tenant Insurance Sales.
- Brand New Self Storage Facility Strategically Located Along Old Greensboro Road (10,000 VPD)
- Facility is Comprised of Both Climate and Non-Climate Self Storage Units’
- Property Sits on a 4.91 Acre Parcel With Ample Room For Future Expansion or the Implementation of Outdoor Parking Rentals Opportunity to Maximize Revenue Through Lease Up and Stabilization
- Facility is a Prime Candidate For Remote Management and Features Fully Automatic Gate With Keypad Access
- Opportunity to Maximize Revenue Through the Collection of Ancillary Income and the Implementation of Tenant Insurance Sales
- Located 2.4 Miles Away From Greensborough Village Development, a New 200 Acre Mixed Use Development Featuring Retail, Commercial, Office and Residential Which is Estimated to Cost Over $500 Million Over the Next 10 Years
- Close Proximity to Multiple New Residential Developments and Arkansas State University
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. #PB00085157 BoR: Andrew Ackerman – Lic. AR #PB00085157
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