Recently Constructed, Class-A Self-Storage Opportunity – Warner Robins, GA
605 Cohen Walker Dr, Warner Robins, GA 31088

Price
Market Bid
NRSF
75,395
Warner Robins, GA
New Construction
Recently delivered, Class-A self-storage property approaching stabilization with 85% physical occupancy
This facility’s historical lease-up velocity substantially outpaced industry norms (typically 36-48 months)
Excellent supply and demand fundamentals because of rapid historical population growth
Significant complimentary existing and incoming multifamily properties which should continue to bolster self-storage demand
Significant opportunity to become market leader since this store is the newest and highest quality asset within its trade area and because there is no new incoming supply
As of May 31, Achieved Rents of $13.05 PSF

Cushman & Wakefield’s Self Storage Advisory Group has been exclusively retained to offer for sale a recently developed, Class-A Self-Storage facility in Warner Robins, GA.

This property presents a unique opportunity to acquire a recently delivered self-storage property in Warner Robins, GA. The property consists of 75,395 rentable square feet of Class-A self-storage. The facility has an average unit size of 107 SF and consists mainly of climate-controlled ground floor and climate-controlled elevator-access units. The facility, which opened its doors in January 2021, stands at 85% physical occupancy.

The market fundamentals and demand drivers for self-storage in the subject property’s trade area have become stronger over the past decade. Robins Air Force Base is the city’s largest employer, employing over 25,500 civilians, contractors, and military personnel. As a result, the town has grown materially over the last decade and has become a target for multifamily developers following migration trends. Within a 5-mile radius, the current population is over 84,660, with a median household income of over $81,930.

As evidenced by the rapid lease-up of this store, this property is a best-in-class property and is highly sought after by customers. The store’s in-place rents are approximately 17% below the current weighted market rent (subject property’s unit mix weighted against market comparables). Additionally, with no new supply incoming, this store is well-positioned to be the market leader in this growing city. This opportunity is projected to generate levered IRRs in the 15% to 18% percent range over a 5-year hold.




SIMILAR PROPERTIES

Florida Panhandle Self-Storage Opportunity – Panama City, FL
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the USA Storage Centers in…
VIEW PROPERTY
Shovel Ready, Central Florida Self-Storage Opportunity – Ocala, FL
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of this shovel-ready site in Ocala, FL.…
VIEW PROPERTY
Citizen Storage - Managed 8-Property Memphis Portfolio
Cushman & Wakefield’s Self-Storage Advisory Group has been exclusively retained by Gelt Ventures to offer for sale Gelt’s Memphis Self-Storage Portfolio. This portfolio…
VIEW PROPERTY
Shovel Ready, Self-Storage Opportunity - Conroe, TX
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of a shovel-ready site in Conroe, Texas—one…
VIEW PROPERTY
Stabilized, Space Coast Self-Storage Opportunity with Expansion Potential – Cocoa, FL
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Horizon Mini Storage in…
VIEW PROPERTY
Atlanta MSA, Class-A, New Construction Self-Storage Opportunity – Kennesaw, GA
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of this shovel-ready site in Kennesaw, GA.…
VIEW PROPERTY
Tampa Bay MSA Self-Storage Opportunity – Bradenton, FL
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of Mini U Storage located in Bradenton,…
VIEW PROPERTY
New Orleans MSA 6-Property Self-Storage Portfolio Opportunity – New Orleans, LA
Cushman & Wakefield’s Self-Storage Advisory Group has been exclusively retained to offer for sale the Safeguard Self Storage – New Orleans Portfolio. This…
VIEW PROPERTY
Central Florida, Class-A New Construction Self-Storage Opportunity – Palm Bay, FL
Cushman & Wakefield’s Self Storage Advisory Group has been exclusively retained to offer for sale a brand new, single-story climate-controlled self-storage facility in…
VIEW PROPERTY
2-Property, Physically Stabilized, Hampton Roads Portfolio - Outer Banks, NC
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of two physically stabilized properties in the…
VIEW PROPERTY
Savannah MSA New Construction Self-Storage Opportunity – Pooler, GA
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale Pooler Self-Storage in Pooler, GA.…
VIEW PROPERTY
Recently Constructed, Fort Lauderdale MSA Self-Storage Opportunity – Coral Springs, FL
The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of this Coral Springs Self-Storage Opportunity. Take advantage…
VIEW PROPERTY
Green Cove Springs, FL - New Self-Storage Development
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Green Cove Springs C/O…
VIEW PROPERTY
Texas 5-Property Self-Storage Portfolio Opportunity - Houston, Dallas-Fort Worth & College Station
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of a five-property portfolio in Texas. Texas…
VIEW PROPERTY
Stabilized 3-Property Self-Storage Portfolio – Southwest CA, NV, AZ
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of a physically stabilized, three-property portfolio and…
VIEW PROPERTY
Florida East Coast 4-Property Self-Storage Portfolio
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of a nearly stabilized, four-property portfolio in…
VIEW PROPERTY
Hudson, FL Added Value Self Storage Opportunity with Retail Space
The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of a property located in the Tampa Bay…
VIEW PROPERTY
Recently Constructed, Class A Self-Storage Opportunity - Aventura, FL
The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of the Aventura, FL Self-Storage Opportunity. Take advantage…
VIEW PROPERTY
Uniquely Positioned South Beach Class A Self-Storage Opportunity- Miami Beach, FL
The Self-Storage Group of Cushman & Wakefield has been exclusively retained to market the sale of this once-in-a-lifetime Miami Beach, FL Self-Storage Opportunity.…
VIEW PROPERTY
VIEW MORE



What can we do for you?