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Broker Contact Info
Brett Hatcher
614.360.9043
Brett.Hatcher@marcusmillichap.com
Opportunity
The Market
Investment
Map
Marcus & Millichap is pleased to offer for sale a self storage opportunity located in Stafford, Virginia. This property plans to feature 774 climate-controlled units totaling 76,550 net rentable square feet. This facility will benefit from an affluent and rapidly growing surrounding population. The Stafford, Virginia Storage Opportunity will sit on 3.56 acres of land and will be located about 35 miles south-west of Washington DC.
See marketing package for demographics.
ESTIMATED CONSTRUCTION BUDGET
• List Price for Land & Site Plan Approvals: $3,000,000
• Estimated Construction Costs: $8,200,000 (based on seller estimates)
• All in Costs: $11,200,000
• Estimated Certificate of Occupancy Value: $11,700,000
PROPERTY OVERVIEW
• Stafford, Virginia Self-Storage Opportunity
• Proposed 76,550 Net Rentable Square Feet
• 774 Climate-Controlled Units
• Will Have Great Visibility Along Garrisonville Road
• Affluent Market: Average Household Income of $144,565 of People Living Within a One-Mile Radius
• Population has Increased by 71% Since the Year 2000 Within a Five Mile Radius
