Historic Conversion, CO Self-Storage Opportunity – Fall River, MA
288 Plymouth Ave, Fall River, MA 02721

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Price
Market Bid
NRSF
116,446
Fall River, MA
C/O
Excellent location on the ramp to I-195, with great visibility from I-195
Facility already generates close to $10,000 per month from retail leases and the billboard lease
Large site spanning 4.34 Acres
Located close to the Route-79 & Davol St Corridor Improvement project, with several multifamily projects being planned in the 3-mile radius of the site

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Fall River C/O Opportunity.

This facility, with a projected 116,446 net rentable square feet of storage space, will offer 1,063 climate-controlled storage units, and an additional 25,400 SF of retail space, with the 2 retail spaces already leased, and generating approx. $6,700 in monthly rent. The building is a L-shaped 4 story structure, with two loading ramps added to the existing structure.

The building is positioned at an excellent location, facing a busy commercial stretch of Plymouth Avenue, and sits between a McDonald’s and an I-195 East onramp. The building has great visibility from I-195 and a signed billboard lease is already in place, generating approx. $3,200 every month.

The commercial stretch of Plymouth Avenue hosts several retail centers near the facility, including, Stop & Shop grocery store, CVS, Applebee’s Restaurant, medical offices, and several strip malls. The site is located close to the Route-79 & Davol St Corridor Improvement project, which will greatly enhance the economic outlook in the trade area, with construction expected to be completed in 2026. Additionally, there are several new multifamily projects being planned in the 3-mile radius of the site.

This investment offers a unique opportunity to take possession of one of the largest storage facilities in the trade area at C/O, that already generates approx. $10,000 in rental revenue from existing tenants.

Anthony, FL

  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Anthony, FL Self Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.



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