5092 Hog Mountain Rd - Self-Storage Facilities FOR SALE


Flowery Branch, GA 30542
$15,000,000 USD
919-922-5757
5092 Hog Mountain Rd, Flowery Branch, GA for Sale
$15,000,000 USD
Self-Storage Facilities - FOR SALE
1/1
null | 4.67% Cap Rate

5092 Hog Mountain Rd
Flowery Branch, GA 30542


HIGHLIGHTS

  • Fast Growing Market
  • New facility with great visibility and traffic counts
  • Robust lease-up velocity

OVERVIEW

Now open! This brand-new, all-climate controlled facility began leasing in July 2024 and is located at 5092 Hog Mountain Rd in Flowery Branch, GA. It contains 677 units with 74,320 +/- RSF on nearly seven acres. This highly visible, state-of-the-art facility offers perimeter fencing with electronic gate code access, an integrated security/camera system accessible to owners on a variety of devices, exterior LED lighting, an office with retail supplies, wide drive-aisles, and a combination of interior and drive-up climate units in a bi-level setting. Flowery Branch is famously known as the home of the Atlanta Falcon's training camp since 2005. It is also home to a 116,000 SF bakery and distribution center owned by King's Hawaiian and Wrigley's chewing gum manufacturing plant, a subsidiary of Mars, Incorporated. Safe Harbor Aqualand is located on Lake Lanier, and is the largest inland marina in the US. With close proximity to Gainesville, GA and commutable Atlanta, Flowery Branch offers a friendly community and affordable cost of living, making it a perfect destination for permanent residences. The population of Flowery Branch increased by a staggering 23.5% between April 2020 and July 2023 (census.gov) and numerous housing developments have been and continue to be built to meet the demand. Flowery Branch is also a popular tourist destination with recreational activities such as swimming, boating, camping, touring wineries, and visiting the parks and marinas. With the growing population, flourishing economic development, affordable living, and the perfect mix of suburban and lakeside living, Flowery Branch is a great market for such an investment.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

4.67%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WeStore LLC - Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.98 AC

LAND SF

304,049 SF

ZONING

PCD

APN/PARCEL ID

08-00116-00-003

ASK ABOUT THIS PROPERTY

Hal Tanner IIIMidcoast Properties, Inc.More Info
919-922-5757

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Hal Tanner IIIMidcoast Properties, Inc.More Info
919-922-5757

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