80-Door New Construction Self-Storage Facility – Cass City, MI

Overview

Secure Storage Solutions of Cass City is a newly built drive-up self-storage facility on 2.20 acres fronting Doerr Road at Schell Street, in Cass City's light-industrial district in Tuscola County, Michigan.The ±19,200 SF of single-story buildings are wood framed with steel siding, steel roofs, wood-lined interiors and concrete floors. The facility has 61 units in 11 sizes, from 10x10 up to 30x45, served by 80 drive-up doors. Because several larger units have multiple doors, the layout allows for up to 80 units.The property is vacant, so a buyer can set rental rates, choose management and lease up from day one with minimal near-term capital needs. At $1,190,000 the offering works out to $14,875 per door and $61.98 per building square foot. Seller financing is available with special terms.Unit mix: 10x10 (24), 10x15 (3), 10x20 (5), 10x30 (12), 10x40 (4), 10x60 (2), 20x20 (1), 20x30 (6), 20x40 (1), 20x60 (2), 30x45 (1). 61 units, 80 doors, up to 80 units possible.Contact Frank Locricchio at 810-300-1650 for the full offering memorandum and to schedule a showing.