Gray Self Storage for Sale
105 Ben Jenkins Rd
Gray, TN 37615
County: Washington

Property Use Type: Investment
Primary Type: Industrial
Self/Mini-Storage Facility
Building Size: 12,000 SF
Lot Size: 5.45 Acres
Occupancy: 80.00%
Price: $925,000
Price/SF: $77.08
Year Built: 2005

Property Description:
Great self storage opportunity located in one of the fastest growing markets around. Site has approx 5.45 acres and already has retention pond completed for future development. Facility has a 600 sq ft office inside the fenced area complete with bathroom. Self storage sq ft is 11,400 plus 15 boat and rv spaces. Owner has site plans that show enough room to expand facility to another 31,000 sq ft for a possible total sq ft of around 43,000. Also room to build a large retail/office building on the road frontage. There is approx 500 ft of frontage on Hwy 36. Facility has a fence all around the buildings with a Digi-tech gate and operator for access. Facility also has for the customer' s convenience a U-Haul dealership to rent moving trucks and trailers that will go along with the sale of the storage business. Call for more info.

Location Description:
From Johnson City take I-26 to the Gray exit turn right toward the airport on Hwy 75. Go to Hwy 36 and turn left at light. Property is on right about ½ mile down.

• Located on a main road

• Lots of room for expansion

Scheduled Gross Income: $75,035
Effective Gross Income: $60,612
Operating Expenses: $11,015
Net Operating Income: $49,597

Contact:

Mountain South Properties
Brian Whidden
1788 Old Gray Station Rd Suite 1
Johnson City ,TN 37615
423.282.2960
brian@mountainsouthproperties.com

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