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Property Detail

West Franklin Boulevard
Passive income investment opportunity: Gastonia Storage is a new, 43,613-square-foot self-storage .

$Unpriced

Description

  • Passive income investment opportunity: Gastonia Storage is a new, 43,613-square-foot self-storage facility to start in the 4th quarter of 2024.
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  • Security measures in place, including restricted floor access via a 24/7 tech-enabled portal and floor-to-ceiling LED lighting throughout.
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  • Strategically located just off Interstate 85 along Andrew Jackson Highway, less than 30 minutes outside of Charlotte, North Carolina.
  • Comprises a mix of 426 climate-controlled and non-climate-controlled units constructed with spacious driveways and extra-wide hallways.
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  • Two Phase development: Phase 1 contains 43,613 square feet of rental storage space, while Phase 2 will develop an additional ±36,000 square feet.
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  • Benefit from the site's advantageous location, development growth opportunity, and passive income potential.

Executive Summary

Gastonia Storage at 3032 West Franklin Boulevard is the newest addition to Gastonia's lineup of self-storage facilities, set for a 4th quarter of 2024 construction start. Situated on a sprawling 17 acres, this cutting-edge establishment boasts 426 meticulously designed rentable units poised to cater to the expanding needs of one of the nation's fast-growing markets.

This 43,613-square-foot self-storage facility is designed to include both climate-controlled and non-climate-controlled units. Constructed to exceed industry standards, Gastonia Storage prioritizes convenience and security. It features spacious driveways tailored for tandem-axle moving trucks, extra-wide hallways for seamless maneuverability, and floor-to-ceiling LED lighting for optimal visibility. Advanced security protocols, including restricted floor access via a 24/7 tech-enabled portal, are also present to ensure peace of mind.

Additional plans for this spacious lot are underway to develop self-storage units and an office/industrial flex business park on the site. The development will be divided into two phases. Phase 1 will contain 43,613 square feet of rental storage space, while Phase 2 will develop additional square footage to what the market can reasonably absorb, estimated at approximately 36,000 square feet. Investors will benefit from this lucrative passive investment avenue compatible with a 1031 Exchange program.

Gastonia is a vibrant city just west of Charlotte, consisting of quiet residential communities, outdoor adventures, and all the convenience of downtown Charlotte, notably the largest and fastest-growing metropolitan area in the state. Gastonia's relaxed environment and stunning natural surroundings have made this area immensely popular with commuters, who have effortless access to Andrew Jackson Highway and Interstate 85.

3032 W Franklin Blvd - Gastonia Storage

Listing ID : 00931

SKU: 931

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