3130 Quandry Rd - Self-Storage Facilities FOR SALE


Sumter, SC 29150
$2,300,000 USD
864-233-7724
3130 Quandry Rd, Sumter, SC for Sale
$2,300,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | 2.29% Cap Rate

3130 Quandry Rd
Sumter, SC 29150


HIGHLIGHTS

  • Seller-financing options considered
  • Entitlements for expansion potential
  • Rates for 15x30 unit type are below those of the surrounding competition
  • Fenced, (3) Security cameras, ~50 ft wide paved drive aisle
  • Flood Zone X (both parcels)
  • No water or sewer on either parcel, single phase power only on the existing storage parcel

OVERVIEW

Jumbo’s Maxi Storage is a self-storage property available for sale in Sumter, SC. There are 40 (15x30) non-climatized units for a total of 18,000 NRSF. Along with the existing facility, the adjacent 4.41 acre parcel located at 3110 Quandry Rd, Sumter, SC 29150 is included in this sale for future expansion. Entitlements have been granted for an additional 41,400 NRSF to be added in the future, so this is an expansion deal for a prospective buyer. A few things to note: - Per The City of Sumter’s Zoning and Development Standards Ordinances, mini-warehouse sites cannot exceed 4.00 acres, so the excess acreage has been included as a proposed right of way in the site plan drawings. - The proposed expansion unit mix can be adjusted for the market, but revisions to the layout of the buildings would require additional approval. - The owners each hold their general contractor license and would potentially consider building out the expansion and managing the project (upon a sale) for a negotiable fee. Expansion Parcel Details: · APN: 186-00-04-021 · 4.41 acres · Light Industrial-Warehouse Zoning (LI-W) Apart from expansion, the facility could benefit by: · Creating a website · Setting up a Google listing for the business · Implementing a management software · Offering tenant insurance · Reducing economic vacancy · Raising street rates · Advertising more effectively Additional information can be found in the Google Drive Folder. Prior to accessing such, please fill out the confidentiality agreement using the following link: https://docs.google.com/forms/d/e/1FAIpQLSdx7xvBVXXdlnCiXC1Q3lqEN3IbU-kNrXZ-pBRaLf8w3z1yeA/viewform?usp=preview

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

2.29%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jumbo's Maxi Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

Planned Development

APN/PARCEL ID

186-00-04-020

ASK ABOUT THIS PROPERTY

Liam SnyderJoyner CommercialMore Info
864-233-7724

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Liam SnyderJoyner CommercialMore Info
864-233-7724

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.