Affordable Mini Storage

Garner, NC

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Executive Summary

CBRE’s Self Storage Advisory Group has been exclusively appointed to oversee the sale of Affordable Mini Storage - Garner. This facility features 368 units across 49,703 net rentable square feet, offering a mix of ground-level drive-up and interior climate-controlled storage options, complemented by additional parking spaces.

Located in Garner within the Raleigh-Cary, NC Metropolitan Statistical Area (MSA)—the state’s second largest GMP economy—this property benefits from its position in a thriving and fast-expanding economic region. The Raleigh-Cary MSA, part of the prestigious Research Triangle, is celebrated for its robust technology sector and is anchored by leading universities such as North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. The area’s diverse economy is fueled by key industries in information technology, biotechnology, pharmaceuticals, and education.

Strategically positioned along Interstate 40 with 115,000 daily passing vehicles, Affordable Mini Storage - Garner enjoys high visibility and access. The surrounding 5-mile radius features a population of 141,528 and an average household income of $97,835, underscoring the area’s strong demographic profile.

Broker of Record

Morgan Windbiel

NC Lic. 334570

Investment Highlights

High Facility Occupancy: 95.6% Physically Occupied (February 28, 2025)

Significant Management Upside: Below Market Rents (e.g., 10x10 drive up $90 (subject) vs $112.50 (market average). Ability to implement tenant insurance.

Prime Location with High Traffic Exposure: Situated along Interstate 40 with 115,000 Vehicles Passing Daily, the Property offers Exceptional Visibility and Accessibility, Driving Demand for Storage Solutions.

Research Triangle Advantage: Proximity to the Renowned Research Triangle, Home to Top-Tier Universities (NC State, Duke, and UNC-Chapel Hill), supports a Vibrant Economy Driven by Technology, Biotech, and Education Sectors.

Attractive Demographics: Within a 5-Mile Radius, a Population of 141,528 and an Average Household Income of $97,835 Highlight a Prosperous and Growing Customer Base with Storage Needs.

Growth Potential in a Thriving Region: The Raleigh-Cary MSA’s rapid economic and population expansion positions Affordable Mini Storage - Garner as a compelling investment in a high-demand self storage market.

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Team

Brokerage Team

CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.

With more than $6.5 billion in consideration and over 45 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.