Existing 14,000 sf storage buildings on 4.2 acres (fenced and gated). The property is ideally located on Old Walkertown Road (11,000 VPD), and just 2 miles from the Northern Beltway Exit (currently under construction). There are 129 units in place…the previously approved site plan allowed for 11 additional buildings (33,000 sf or approximately 300-320 additional storage units). Occupancy is at 98%. Undermarket rents provide additional opportunity for increased income. Rent house that conveys with the property, generates $750/month. Truly a rare opportunity for large expansion in a growing market.
Address: | 5020 Old Walkertown Road |
City: | Winston-Salem |
Zip: | 27105 |
Avail sf ± | 14,000 |
Price | $850,000 |