Self-Storage Facility
Gretna Self-Storage
130 Zebra Rd, Gretna, VA 24557
Listing Price: $725,000
Investment Overview
Marcus & Millichap is proud to present an exceptional investment opportunity with the exclusive listing of Gretna Self-Storage, located at 130 Zebra Rd in the charming town of Gretna, Virginia. This well-established property spans 1.35 acres and features a total of 63 drive-up storage units, boasting an impressive 100% physical occupancy (totaling 8,928 net rentable square feet) along with 3 convenient outdoor parking spaces.
A comprehensive analysis of the market's saturation rates for self-storage shows favorable numbers: within 3 miles, the density is 4.8 square feet per capita, 2.1 square feet per capita for a 5-mile radius, and extends to 1.6 square feet per capita at a 10-mile distance. This data clearly illustrates the strong market demand in the area, suggesting limited supply versus a consistently high demand for self-storage solutions.
What further sets Gretna Self-Storage apart is the lack of forthcoming developments within a 10-mile radius, effectively reducing the risk of future competition and preserving the potential for rental rate increases and a firmly established customer base.
Beyond its operational strengths, Gretna Self-Storage benefits from excellent visibility and strategic accessibility. Located just one mile west of Gretna, VA, off Highway-40, the site offers effortless access for both existing and potential clients, strengthening its competitive edge in the market.
This property represents a valuable asset with stable cash flow in a market with minimal competition. Gretna Self-Storage offers investors an extraordinary chance to own a high occupancy self-storage facility in an area that is experiencing persistent customer demand amidst an environment of under-served storage needs.
Investment Highlights
- 98% physical occupancy
- Market Saturation : 3-mile radius 4.8 SF/Capita , 5-mile radius 2.1 SF/Capita , 10-mile radius 1.6 SF/Capita
- No planned / new construction within a 10-mile radius
- 1 competitor with-in a 10-mile radius
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
Listing Price: $725,000
Investment Highlights
- 98% physical occupancy
- Market Saturation : 3-mile radius 4.8 SF/Capita , 5-mile radius 2.1 SF/Capita , 10-mile radius 1.6 SF/Capita
- No planned / new construction within a 10-mile radius
- 1 competitor with-in a 10-mile radius
Investment Overview
Marcus & Millichap is proud to present an exceptional investment opportunity with the exclusive listing of Gretna Self-Storage, located at 130 Zebra Rd in the charming town of Gretna, Virginia. This well-established property spans 1.35 acres and features a total of 63 drive-up storage units, boasting an impressive 100% physical occupancy (totaling 8,928 net rentable square feet) along with 3 convenient outdoor parking spaces. A comprehensive analysis of the market's saturation rates for self-storage shows favorable numbers: within 3 miles, the density is 4.8 square feet per capita, 2.1 square feet per capita for a 5-mile radius, and extends to 1.6 square feet per capita at a 10-mile distance. This data clearly illustrates the strong market demand in the area, suggesting limited supply versus a consistently high demand for self-storage solutions. What further sets Gretna Self-Storage apart is the lack of forthcoming developments within a 10-mile radius, effectively reducing the risk of future competition and preserving the potential for rental rate increases and a firmly established customer base. Beyond its operational strengths, Gretna Self-Storage benefits from excellent visibility and strategic accessibility. Located just one mile west of Gretna, VA, off Highway-40, the site offers effortless access for both existing and potential clients, strengthening its competitive edge in the market. This property represents a valuable asset with stable cash flow in a market with minimal competition. Gretna Self-Storage offers investors an extraordinary chance to own a high occupancy self-storage facility in an area that is experiencing persistent customer demand amidst an environment of under-served storage needs.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager