124 John R Rice Blvd - Red Carpet Self Storage
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124 John R Rice Blvd - Red Carpet Self Storage
99,624 SF Specialty Building Offered For Sale in Murfreesboro, TN 37129
Investment Highlights
- Prime Location: Situated in a Rapidly Growing Area with 3,539 Future Residential Units Underway within a 5-Mile Radius
- Consistent Returns: Positioned to Deliver Steady Returns and Long Term Value Due to the Growing Need for Storage Solutions
- Strong Market Demand: High Occupancy Rates Driven by Murfreesboro's Expanding Population and Economic Activities
- Strong Household Income: Average Household Income - $98,945 (5-Mile Radius)
Executive Summary
View Offering Memorandum and Due Diligence: https://selfstorageadvisory.com/properties/red-carpet-self-storage/
CBRE’s Self Storage Advisory Group proudly presents the offering of Red Carpet Self Storage, a self storage facility located within the Nashville MSA. Murfreesboro’s population growth and economic development make it an attractive market for self-storage investments. The facility’s proximity to residential neighborhoods, businesses, and major highways ensures a steady demand for storage units.
The facility offers a wide range of storage unit sizes, catering to various customer needs. This diversity allows the facility to attract a broad customer base, including individuals, families, and businesses. Additionally, the availability of climate controlled units provides an added value for customers looking to store sensitive items.
Red Carpet Self Storage is equipped with state-of-the-art amenities and security features. The facility offers well-lit premises, keypad entry, 24-hour video surveillance, delivery acceptance, free moving carts, and a business center. The business center has a conference room with 60” color monitor, two laptop friendly work stations, a self serve coffee bar, complimentary cold bottled water, a warming drawer with fresh baked cookies, and free Wi-Fi internet. The robust security measures and amenities enhance the customer experience and make the facility more appealing to potential renters.
Investing in Red Carpet Self Storage offers numerous advantages. Its prime location, diverse unit offerings, modern amenities, strong market demand, competitive pricing, and professional management make it a compelling investment opportunity. With the growing need for storage solutions in Murfreesboro, this facility is well-positioned to deliver consistent returns and long-term value.
Local Licensee:
Will Dunn/CBRE INC.
TN Lic. 356695
CBRE’s Self Storage Advisory Group proudly presents the offering of Red Carpet Self Storage, a self storage facility located within the Nashville MSA. Murfreesboro’s population growth and economic development make it an attractive market for self-storage investments. The facility’s proximity to residential neighborhoods, businesses, and major highways ensures a steady demand for storage units.
The facility offers a wide range of storage unit sizes, catering to various customer needs. This diversity allows the facility to attract a broad customer base, including individuals, families, and businesses. Additionally, the availability of climate controlled units provides an added value for customers looking to store sensitive items.
Red Carpet Self Storage is equipped with state-of-the-art amenities and security features. The facility offers well-lit premises, keypad entry, 24-hour video surveillance, delivery acceptance, free moving carts, and a business center. The business center has a conference room with 60” color monitor, two laptop friendly work stations, a self serve coffee bar, complimentary cold bottled water, a warming drawer with fresh baked cookies, and free Wi-Fi internet. The robust security measures and amenities enhance the customer experience and make the facility more appealing to potential renters.
Investing in Red Carpet Self Storage offers numerous advantages. Its prime location, diverse unit offerings, modern amenities, strong market demand, competitive pricing, and professional management make it a compelling investment opportunity. With the growing need for storage solutions in Murfreesboro, this facility is well-positioned to deliver consistent returns and long-term value.
Local Licensee:
Will Dunn/CBRE INC.
TN Lic. 356695
Property Facts Under Contract
| Sale Type | Investment | Building Size | 99,624 SF |
| Property Type | Specialty | No. Stories | 3 |
| Property Subtype | Self-Storage | Year Built | 2022 |
| Building Class | A | Parking Ratio | 0.32/1,000 SF |
| Lot Size | 2.70 AC |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | A |
| Lot Size | 2.70 AC |
| Building Size | 99,624 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 0.32/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 092-031.02-000 | Improvements Assessment | $3,709,800 |
| Land Assessment | $926,240 | Total Assessment | $4,636,040 |
PROPERTY TAXES
Parcel Number
092-031.02-000
Land Assessment
$926,240
Improvements Assessment
$3,709,800
Total Assessment
$4,636,040
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124 John R Rice Blvd - Red Carpet Self Storage
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