526 Bowens Mill RdDouglas, GA 31533

Property Details for 526 Bowens Mill Rd

Year built

2023

Lot size

1.48 AC

Property type

Industrial properties

Property subtype

Self storage facilities

Description

This exceptional Class A self-storage facility presents a compelling lease-up investment opportunity in Douglas, Georgia. Boasting 16,250 square feet of net rentable space, the property comprises 133 climate-controlled units within a single-story building on a 1.48-acre lot. Constructed in 2023, the facility currently enjoys a 37% occupancy rate, having opened in October of that year. The strong performance to date indicates significant upside potential. Key features include 24/7 access, a fully fenced perimeter, and comprehensive video surveillance for enhanced security. Its strategic location on Bowens Mill Road (6,900 vehicles per day), a major thoroughfare, provides excellent visibility and accessibility. The property benefits from proximity to numerous retail anchors, including Chick-fil-A, Harveys Supermarket, Lowe's, Starbucks, Publix, and a Walmart Distribution Center. South Georgia State College is also conveniently located within a short distance. The limited availability of climate-controlled storage units in the area further strengthens the property's competitive advantage and projected growth. The asking price is $2,400,000, translating to approximately $18,045 per unit. This represents a rare opportunity to acquire a high-quality, strategically located self-storage asset with substantial growth potential in a thriving market. The property's strong fundamentals and favorable market conditions make it an attractive investment for discerning buyers seeking significant returns.

Location Insight

City

Douglas

County

Coffee

State

Georgia

Latitude

31.5044

Longitude

-82.8743

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