CHINA GROVE, N.C. (November 13, 2023) – Franklin Street has arranged the sale of C&C Mini Storage, a 25,300-square-foot, 2.79-acre value-add self-storage facility in China Grove, North Carolina, a city in the rapidly growing Charlotte MSA.
Franklin Street’s National Self-Storage Team of Frank DeSalvo and David Perlleshi arranged the transaction on behalf of the seller, C&C Mini Storage. The buyer was Storsafe of China Grove.
“Frank and David were tenacious in working on this deal for over 2 years. They leveraged their market expertise to bring the best buyer to the table and saw the deal through every step of the way, working persistently through every obstacle encountered along the way. We are pleased with this transaction and would highly recommend working with them,” said Chad Corriher and Chris Corriher with C&C Mini Storage.
Conveniently located at 350 E NC-152 Hwy, C&C Mini Storage strategically positions itself in a high-volume area between the I-85 corridor, NC-152 and US-29, witnessing an average daily traffic of 119,048 vehicles. The facility serves a population of 37,195 residents within a 5-mile radius, with future development plans, including single-family homes in the immediate trade area.
About Franklin Street:
Founded in 2006 during one of the toughest real estate climates, Franklin Street focused on delivering value-added solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise and experience of each of its lines of business, Franklin Street has grown to include seven business divisions – Investment Sales, Tenant and Landlord Representation, Capital Advisory, Insurance, Property Management and Project Management. With $7 billion in transaction value across all major product types, Franklin Street offers unmatched value and optimal solutions for clients nationwide. Headquartered in Tampa, Fla., the firm has teams located in top markets throughout the country and works with owners and occupiers of commercial real estate nationwide. Learn more about Franklin Street at FranklinSt.com.