Ultimate Storage Plex
Closed1640 E Andrew Johnson Hwy, Greeneville, TN 37745
Property type
Self Storage
Unit / Space count
248
Price
N/A
Building size
58,440 sf
Rentable area
58,440 SF
Year built
Year renovated
Occupancy
Zoning code
Lot size
5.93 Acres
Sold/status
Sold · Date unknown
Property description
Brand New Self Storage Conversion Featuring 248 Climate-Control Units, 13 Covered Parking Spaces, 30 Outdoor Parking Spaces, and Two Leased Commercial Spaces Facility is Strategically Located Along Andrew Johnson Highway Which Serves as Greeneville’s Primary Retail Corridor and Sees 26,779 Vehicles Per Day Very Low Saturation Rate of 2.0 SF/Capita for Climate-Control Storage Within a 5-Mile Radius Revenue From Commercial Tenants Beneficial in Easing the Financial Strain of Facility Lease Up Opportunity to Increase Revenue by Converting the Large Racking System into Additional Covered Parking Management Software, Ancillary Income Streams, and Tenant Insurance Program Have Already Been Established, Allowing for Easy Transition to New Ownership National Home Builder, DR Horton, is in Process of Building Over 600 Homes in Greeneville. Both locations Are Within Approximately 3 Miles of Subject Property Greeneville is Located Roughly Halfway Between Knoxville and Johnson City, and is Home to 15,617 Residents Greene County is Considered a Micropolitan Statistical Area and is Home to 69,069 Residents