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2991 Cole Ct
Norcross, GA 30071 Downtown Norcross

$2,850,000 USD

Self Storage For Sale  •  44,135 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 44,656 SF
  • Lot Size 2.2 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 6.08 %
  • Zoning Commercial
10 Transit Score
40 Walk Score

Highlights

Below replacement cost at $63.82/SF — strong value-add entry point
No online advertising in place — immediate upside through increased marketing
3-mile trade area projected to grow from 80,140 to 84,528 residents by 2030
Avg household incomes above $105,000 within 1-mile radius
~$13K in uncaptured NOI from minimal tenant insurance participation
Surrounded by national retailers with significant development underway nearby
Cap Rate: 6.08 %

Major Tenants

Tenant SF Occupied Lease End Date
Peachtree Corners Self Storage

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 44 min - 30.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 213
Type: Surface
Included in Rent: Yes
Austin McLeod 678-576-1780 Matthews™
Austin McLeod 678-576-1780 Matthews™