Gluckstadt security storage

2195 US-51, Madison, MS 39110 | UNPRICED

This self-storage investment opportunity presents an enticing prospect bolstered by several key factors. The area has experienced remarkable population growth, with a 40% increase within a 3-mile radius since 2010, and is projected to grow by 7.55% by 2028, ensuring sustained demand.

Additionally, the surrounding demographics boast an average household income of $116,491 within a 5-mile radius and $105,116 within a 3-mile radius, indicating a financially stable customer base. The property’s expansive 24,800 square feet on 7.66 acres allows for ample room for expansion in a fast-growing market. Constructed in 2004, the facility features 70 climate-controlled units and 106 non-climate-controlled units, catering to various storage needs and enhancing market competitiveness.

Strategically located just north of Madison in Gluckstadt and close to the 2.8 million square feet Nissan Automotive Manufacturing Plant. This ensures a steady flow of demand, particularly given the absence of storage facilities south of Gluckstadt in Madison due to zoning limitations. Overall, these factors combine to offer investors a promising opportunity with strong and sustained demand potential and attractive returns on investment.

INVESTMENT
HIGHLIGHTS

Strong Population Growth: The area has
experienced remarkable population growth, with a 40% increase within a 3-mile radius since 2010. Projections indicate a further 7.55% growth by 2028, indicating sustained demand for self-storage.
Good Demographics: The surrounding area boasts attractive demographics, with an average household income of $116,491 within a 5-mile radius and $105,116 within a 3-mile radius. These figures suggest a financially stable customer base capable of affording storage solutions & supporting an expansion of the facility.
Room for Expansion: The property spans 24,800 square feet on 7.66 acres, offering significant space for future expansion. This flexibility allows for capitalizing on the rapidly growing market demand without constraint.

Good Unit Mix: Constructed in 2004, the facility comprises 5 buildings including 70 climate-controlled units and 106 non-climate-controlled units. This diverse unit mix caters to varying customer preferences and storage needs, enhancing market competitiveness.
Market Driver: Situated in close proximity to the 2.8 million square feet Nissan Automotive Manufacturing Plant, the facility benefits from a strong market driver. The presence of such a significant manufacturing entity ensures consistent demand for storage solutions from employees, contractors, and ancillary businesses.
Strategically Located: Positioned north of Madison in Gluckstadt, the property serves as a strategic storage solution hub. Notably, the absence of storage facilities in Madison due to zoning limitations amplifies demand from nearby residents and businesses, establishing a competitive advantage.
Zoned C2. City of Gluckstadt has confirmed that storage expansion is allowed as a conditional use. Obtaining approvals for the expansion is about a 6 week process.

Broker of record: BRIAN BROCKMAN | Bang Realty of Mississippi, Inc | bor@bangrealty.com | License: 21542

862.591.7070 | Meir@Grandstoneis.com

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