Historic Conversion, CO Self-Storage Opportunity – New Bedford, MA
40 Edison St, New Bedford, MA 02745

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Price
Market Bid
NRSF
87,806
New Bedford, MA
C/O
Large site spanning 4.36 Acres across an entire block in a densely populated trade area
Excellent population density of close to 150,000 people in the 5-Mile radius
Proximity to University of Massachusetts -Dartmouth campus and New Bedford Regional airport
The facility is likely to attract the highest rental rates in the area since all units are climatized and located on the ground floor

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

This facility, with a projected 87,806 net rentable square feet, will offer advanced security measures including computer-controlled access, 24/7 security cameras and a fully fenced property. The facility will offer 798 climate-controlled storage units on the ground level, with a diverse mix of storage units ranging from 25 SF to 300 SF. The facility sits on large site of over 4 acres, spanning over an entire block from Nash Road to Belleville Road, and will be one of the largest storage developments currently in the trade area of this facility.

The site is located close to the east side of Route-140 connecting Taunton to New Bedford and has frontage on Nash Road with an annual average daily traffic volume of 12,300 vehicles. The Department of Public Infrastructure of New Bedford is located at the end of Nash Road to the west and there are several retail and office centers along Nash Road, including, Luzo Wholesale Food Market, Nash Pond Business Park, and Folco Jewelry. The site is located only a 12-minute drive away from the University of Massachusetts – Dartmouth campus which has more than 7,000 students enrolled, and the campus offers residence to more than 2,700 students. Additionally, the New Bedford Regional airport which operates year-round, and the Bridgewater State University Flight Training center is located only a 5-minute drive away.

This investment offers a unique opportunity to take possession of a Class-A storage facility with a large footprint spanning more than 4.36 Acres in a densely populated trade area.




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