Graham's Storage
Closed2806 N Cannon Blvd, Kannapolis, NC 28083
Property type
Self Storage
Unit / Space count
357
Price
Market Bid
Building size
48,231 sf
Rentable area
48,231 SF
Year built
Year renovated
Occupancy
Zoning code
Lot size
8.03 Acres
Sold/status
Sold · Date unknown
Property description
Attractive Seller Financing Available for High-Upside Self Storage Facility Located in the Charlotte MSA Facility was Recently Expanded Through the Addition of Non-Climate Buildings in August of 2022 and the Conversion of Retail into Climate-Control Units in July of 2023 The Combination of Salon Suite Rentals and an Ice Vending Machine Lease Provides a Significant Supplemental Income Stream. Seller is Willing to Sign a Leaseback for the Salon Suites Business. Opportunity to Increase Revenue Through Lease Up & Stabilization Low Saturation Rate of 5.0 SF/Capita Within 5 Miles of the Property Property Includes Approximately 1.1 Acres of Cleared Land for Future Expansion Strategically Located Along North Cannon Blvd Which Sees 19,791 Vehicles Per Day Growing Population of 67,233 Residents Within 5 Miles of the Property Kannapolis is Located Approximately 20 Miles Northeast of Downtown Charlotte and Has a Population of 56,534 The Charlotte MSA is the Fifth Fastest Growing Major Metro in the Country and is Home to 2,267,000 Residents