3057 Lee Hwy - Self-Storage Facilities FOR SALE
Bristol, VA 24202 |
$3,160,000 USD
615-850-2774
3057 Lee Hwy
Bristol, VA 24202
HIGHLIGHTS
- Low Saturation - According to Yardi, the 5-mile total self-storage saturation is just 2.11 sf / capita, with Zero sf / capita of CC space
- Desirable Location - The property is located at an off-ramp of I-81 (54k AADT) along Lee Hwy (28k AADT) in the primary retail corridor of Bristol
- Numerous Value-Add Opportunities - Included in the transaction is a 10,050 GSF climatized building that can provide 7,580 RSF of storage.
- Numerous Value-Add Opportunities - There is also room for 91 modular units that would add 15,480 RSF of drive-up space.
FOR SALE DETAILS
PRICE
$3,160,000 USD
PRICE/SF
$160 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Storage Source One
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
ADD'L SUBTYPES
Self Storage
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
2.06 AC
LAND SF
89,734 SF
ZONING
-
APN/PARCEL ID
225-A-13
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615-850-2774
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615-850-2774
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