$925,000
Price
17,950
Rentable Square Feet
7.22%
Cap Rate
$5,000
Price Per Unit
185
Number of Units
$52
Price PSF
Strong Upside Potential
  • 185 Non Climate Controlled Units / 17,950 NRSF / 1 Onsite Office
  • Fenced and Gated with coded Entry and Exit Security Cameras and Video Surveillance
  • 76% Physical Occupancy / 70% Economic Occupancy on a T-12 7.22% Cap Rate on current / Ability to Achieve a Year 3 Cap Rate of 10.88% and a Cash on Cash Return of 17.35%
  • Opportunity to increase revenue through lease-up, rental rate adjustments, and potential future expansion or outdoor parking storage on excess land.
  • Located in a storage market with limited competition
Strategic Highway Access Serving the Greater Vicksburg–Jackson Corridor
  • Immediate access to U.S. Route 61, with connections to Mississippi Highway 18 and Mississippi Highway 547, providing regional access throughout Claiborne County and beyond.
  • Located near area businesses including Gaines Towing, Team Inc, and the Port Gibson Chamber of Commerce, supporting steady local storage demand.
  • Approximately 50 miles southwest of Jackson and near Vicksburg, placing the property within the broader Central Mississippi economic corridor and accessible from the Interstate 20 corridor.
FOR MORE DETAILS CONTACT
Michael Morrison
Broker-In-Charge
(803) 600-0602
Michael@SuperiorCapitalAdvisors.com
SC:58247,NC:360061,GA:283465,MS:C-24484
Matt Porter
Managing Broker
(601) 214-8146
Mporter@superiorcapitaladvisors.com