This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
200 Sula T Nickell Rd
Centerville, TN 37033
Barber's Self Storage · Specialty Property For Sale · 58,020 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 58,020 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1987/2006 |
| Lot Size | 4.67 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 4.67 AC |
| Building Size | 58,020 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1987/2006 |
About 200 Sula T Nickell Rd , Centerville, TN 37033
Marcus & Millichap is pleased to present Barber Storage in Centerville, Tennessee. Barber Storage is a 57,169 rentable square foot self storage facility made up of 498 non climate self storage units on 5 acres. The facility is located on Sula T Nickell Street approximately one hour from Nashville in a qualified opportunity zone . Priced at $1,050,000, or $18 per rentable square foot, this opportunity represents a cash flowing asset with tremendous short and long term upside. As of July 2019, this property is operating at 48.5% economic occupancy despite being 82% occupied by square footage. The physical occupancy is evidence that the demand exists for storage at this location, and with improved rate and expense management a new owner could turn this 7% CAP rate based on annualized 2019 income into an 15% pro forma CAP rate . In short, this facility offers a current cash flowing asset with meaningful short and long term upside within an hour of Nashville, TN.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $565,330 |
PROPERTY TAXES
zoning
| Zoning Code | C1 |
| C1 |
