Space Shop Self-Storage Opportunity – Smyrna, GA
2520 Spring Road SE, Smyrna, GA 30080

Price
Market Bid
NRSF
86,038
Value-Add
Smyrna, GA
Modern, Institutional-Quality Asset: 2019-built, 100% climate-controlled facility totaling 86,038 NRSF across 828 units
Solid In-Place Performance: 85.8% SF occupancy and in-place rents averaging $19.18/SF annually, with the conditioned unit inventory approximately 86.4% occupied excluding lockers.
Path to Stabilization: Stabilized occupancy is a modest step from current levels, with availability distributed across the facility’s most in-demand unit sizes.
Affluent, Dense Trade Area: 221,386 residents within five miles with median household income approaching $100,000; $91,531 median income within three miles.
Premier Infill Atlanta Location: Cumberland/Galleria submarket with immediate access to I-285 and I-75 and proximity to Truist Park, The Battery Atlanta, and Cumberland Mall.
High Barriers to New Supply: All 20 competitive facilities within three miles are completed, with no known construction or planned development and effectively no developable infill land for new self-storage.

The Cushman & Wakefield Self-Storage Advisory Group has been retained as exclusive advisors to offer for sale Space Shop Self Storage in Smyrna, Georgia.

This offering presents the opportunity to acquire a 2019-vintage, institutional-quality, 100% climate-controlled facility positioned in the heart of the Cumberland/Galleria trade area — one of metro Atlanta’s densest and most affluent infill submarkets, with immediate access to the I-285 and I-75 interchange and proximity to Truist Park and The Battery Atlanta.

Situated on 2.7 acres across two parcels, the Property totals 86,038 net rentable square feet across 828 units, comprised of 558 elevator-served climate-controlled units, 226 ground-level climate-controlled units, and 44 lockers. As a purpose-built 2019 delivery, the asset offers modern multi-story construction, elevator-served access throughout, and a fully conditioned unit mix — a physical product profile that competes at the top of its trade area and requires no near-term capital repositioning.

As of the August 21st, 2026, the Property was 85.8% physically occupied, with in-place rents averaging $19.18/SF annually. Excluding lockers, the conditioned unit inventory is approximately 86.4% occupied with in-place rents averaging $19.12/SF annually. Relative to the asking rates of $20.78/SF, the property provides a path to revenue upside through targeted lease-up efforts and effective revenue management on the current tenants.
The Property is supported by exceptional trade-area demographics. Population totals 20,323 within one mile, 103,271 within three miles, and 221,386 within five miles, with median household incomes of $85,717, $91,531, and $99,736 across the same rings — an income profile well above national norms and squarely aligned with the climate-controlled, higher-rate product this facility offers. The surrounding corridor blends established single-family neighborhoods in Smyrna and Vinings with sustained multifamily delivery around Cumberland and the Battery, generating the residential turnover, household formation, and downsizing activity that drive durable self-storage demand.

Competitively, the submarket is mature and fully built out rather than expanding. All twenty tracked competitors within roughly four miles are completed facilities, with no properties under construction or in planning in the immediate trade area. The site’s dense infill position along Spring Road — hemmed in by developed commercial and residential uses with virtually no viable land for new self-storage — provides meaningful protection against future competitive supply. In a submarket where the newest institutional product commands the rate premium, a 2019-built, all-climate-controlled asset is positioned to lead its competitive set.

Overall, this offering provides investors the opportunity to acquire modern, well-located, income-producing climate-controlled storage in a high-barrier Atlanta infill submarket, with durable in-place income and a straightforward path to stabilization.

Access Deal Landing Page Here: Space Shop Self-Storage Opportunity – Smyrna, GA




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