National Storage Partners, with Broker of Record: Meredith M. Mears, SVN Miller Commercial Real Estate, is pleased to offer an exceptional investment opportunity in Chesapeake City, MD. This well-positioned self-storage development site, located on Augustine Herman Highway, benefits from high market rents and no competition within a 3-mile radius. With increasing demand for self-storage, this project presents strong market potential and long-term financial returns, especially with the nearby Southfields of Elkton development, which will include residential, retail, and recreational spaces.
The site is approved for a 59,950 SF facility with 50,300 Net RSF, offering a mix of climate-controlled and traditional drive-up storage units. The facility will feature modern security, amenities, and professional management, making it an ideal opportunity in an underserved market near local schools.
Location Description
Chesapeake City, located along the Chesapeake and Delaware Canal in Cecil County, is a charming town known for its rich history, scenic waterfront, and 19th-century architecture. It offers a peaceful retreat with local shops, gourmet dining, and outdoor activities like boating and historic district tours, making it a hidden gem in the Chesapeake Bay area.