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Assured Storage for Sale

Maryville, TN

CB Richard Ellis is pleased to offer for sale Assured Storage, which consists of a 74,873 sq ft main location, with two remotely operated satellite facilities totaling 12,400 sf. This portfolio offers a buyer the opportunity to purchase a strong in-place cash-flow as well as having the future upside through expansion. An expansion of 19,350 sq ft was completed Dec 2007, artificially lowering the occupancy to 73%. Prior to this expansion, the facility was operating in excess of 93%. Location Description: Located in the foothills of the Great Smoky Mountains, Maryville is the county seat of Blount County. The area has been one of the fastest growing counties in Tennessee, increasing its population by 22 percent from 1970 to 1980 and an additional 10.5 percent from 1980-1990 and 17.7 percent from 1990-2001.

676 Units
87273 sq ft

$5,355,000

Click Here for the Brochure

Contact:

Ashley Compton
6152481130 (P)
ashley.compton@cbre.com

 

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