Value Add Self- Storage | Centerville, TN
200 Sula T Nickell St Centerville, TN 37033

Sold
Price
Market Bid
NRSF
56,954
Centerville, TN
Value-Add
Established business in the Nashville metro area, which has a population approaching 2 million.
Situated along heavily trafficked Highway 100, less than one hour from Nashville.
Several apartment complexes are located nearby.
57,954 square-foot facility on 4.7-acre lot.
503 total rentable units available.
Physical occupancy is at 75.8% / 65.8% with economic occupancy 67.77%.

The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of a property located in Centerville, TN.

Take advantage of the opportunity to acquire an established self-storage property in one of the nation’s fastest-growing metropolitan areas. The Nashville metro has a population nearing two million—an increase of nearly 15% in just the last decade. With ample job opportunities and a comfortable median household income of $70,262, Nashville is steadily adding new residents at a rate of about one per hour. As the “Music City” metro expands, self-storage remains in constant demand.

The self-storage facility listed in this sale is located about one hour from Nashville in Centerville, TN. With easy access from Highway 100, the convenient Sulla T Nickell St location is just a short drive from many residential apartment complexes. Completed in 1979, the well-kept, 57,954 rentable square foot structure comprises 503 units on nearly five acres. Currently, physical occupancy is at 75.8% / 65.8% with economic occupancy 67.77%.

In short, this facility offers a current cash-flowing asset with meaningful short and long-term upside within an hour of the rapidly growing city of Nashville.




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