Recent Closings: 11.17.21 – 11.22.21

Property: Pompano Beach, Florida Storage Development Opportunity
Location: Pompano Beach, FL
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Brett Hatcher and Meir Perlmuter of the Hatcher Group of Marcus & Millichap
NRSF: 66,329
Unit Count: 611 Climate Controlled
Acreage: 1.13
Highlights:

  • Multiple Offers Above List Price
  • Closed Above List Price
  • Proposed Four Story, All Climate Controlled, Class A Facility
  • Great Visibility Along South Andrews Ave & I-95
  • City Ordinance Passed June 2020 Limiting New Self-Storage Development by Requiring Special Exemption Permit Process in Certain Districts Formerly Permitted by Right
  • Dense Surrounding Population: 117,467 People Within Three Miles; 332,142 People Within Five Miles
  • High Daily Traffic Counts: 15,000 Cars/Day off South Andrews Ave and 60,000 Cars/Day off W Atlantic Ave
  • Ten Miles From Fort Lauderdale

Property: The Boat Rack
Location: Nashville, TN
Brokers and Brokerage: Nathan Coe, Gabriel Coe, Brett Hatcher and Meir Perlmuter of the Hatcher Group of Marcus & Millichap
NRSF: 108,502
Unit Count: 234 and Five Parking Spaces
Acreage: 8.5
Year Built: 2012
Occupancy: 98% (Physical)
Highlights:

  • Class-A Facility
  • Great Visibility & Street Frontage
  • Dense & Growing Surrounding Population: 103,235 People Living within Five Miles – Population has Increased by Over 24% Since the Year 2000 within a Five-Mile Radius

Property: A-1 Greencastle Self Storage
Location: Greencastle, PA
Brokers and Brokerage: Luke Dawley, Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher Group of Marcus & Millichap
NRSF: 71,426
Unit Count: 365 Non-Climate Controlled Units | 10 Climate-Controlled Units | 17 Parking Units | Three Commercial Spaces | One Billboard
Year Built: 2005/2021
Room for Expansion: Yes
Occupancy: 95% (Physical)
Highlights:

  • Multiple Offers Above List Price
  • Closed Above List Price
  • 23% Population Growth within a Five Mile Radius Since the Year 2000
  • High Daily Traffic Counts of 11,812 Cars Per Day off Buchanan Trail West
  • On-Site Professional Management Office

Property: Main Plaza Storage
Location: Baytown, TX
Broker and Brokerage: Dave Knobler of Marcus & Millichap
NRSF: 66,500
Unit Count: 554

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