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5080 Venture DrSouthaven, MS 38671

Class A, 262,760 NSF, 2080 Units

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A self-storage portfolio comprises five properties totaling 262,760 net rentable square feet and 2,080 units within the rapidly growing Greater Memphis metropolitan area. Four Mississippi locations are situated in DeSoto County, while one is in Tipton County, Tennessee. All facilities boast state-of-the-art features including 24-hour digital video surveillance, fully fenced and gated access with coded entry/exit, paved drive aisles, and large on-site management offices. The Southaven location, a three-story building with excellent I-55 visibility, benefits from the city's strong connectivity to major interstates and its proximity to educational institutions and significant retail development, including the Tanger Outlet Mall. Olive Branch locations leverage proximity to Memphis International Airport (MEM), I-55, and I-78, benefiting from the area's robust economic growth fueled by companies like Amazon, FedEx, and Nissan. The Hernando location offers excellent visibility and convenient access to local government, retail, and community hubs, capitalizing on the county's population growth and strong quality of life. Finally, the Munford, Tennessee location, situated on a 6.74-acre parcel, enjoys easy access to I-40, I-69, and MEM, and benefits from the town's family-friendly atmosphere and convenient amenities. The portfolio includes 1,767 climate-controlled units and 313 non-climate-controlled units. Four properties opened in 2024, and one in 2022, all currently experiencing exceptional lease-up. The portfolio sits on a total of 20.08 acres and consists of 27 buildings. The current occupancy is 25%.

Highlights

  • Five-property, Class A self-storage portfolio totaling 262,760 net rentable square feet (NRSF) and 2,080 units in the Greater Memphis area.
  • Four properties located in DeSoto County, MS, and one in Tipton County, TN.
  • All properties feature state-of-the-art amenities including 24-hour video surveillance, gated access, and paved drive aisles.
  • Portfolio includes 1,767 climate-controlled and 313 non-climate-controlled units; four properties opened in 2024, one in 2022, with strong lease-up.
  • Properties benefit from excellent visibility and access to major interstates, airports, and retail centers, situated on 20.08 acres with 27 buildings and currently 25% occupied.

Property Details for 5080 Venture Dr

Property type
Self storage facilities
Class
A
Year Built
2022
Buildings
27
Lot Size (sq. ft)
874,685 SF
Units
2080

Location Insight

City
Southaven
County
DeSoto
State
Mississippi
Latitude
34.93457221
Longitude
-89.99772146
5080 Venture Dr, Southaven, Mississippi

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5080 Venture Dr
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