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1865 Stephenson Rd, Lithonia, GA, 30058

Rock Chapel Self Storage
Market Bid

Key Information

Units
473
Year Built
2024
Type
Self Storage
NOI
$264,500
Leasable Area
54,825

Highlights

  • High quality facility opened in March 2024 totaling 54,825 NRSF
  • Fast lease up since opening – already 68% occupied after 17 months of operations
  • Expansion opportunity existing on the rear of the parcel – ability to more than double the facility in size with a “split-level” building and non-climate building
  • Great visibility from Rock Chapel Road and Stephenson Road, seeing over 40,000 vehicles per day
  • Only one competitor in a 3-mile radius – amounting to only 3.3 square feet per capita
  • Strong average household incomes in a 3-mile at $98k+ per year
  • Significant residential development in the pipeline within a 5-mile radius with over 2,500 new homes and apartments planned

Photos

Location

Agents

Broker of Record

Bill Pedersen

License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203