Crossville TN Storage DST
West Avenue, TN
|Asset Class:||Self Storage|
|Location||West Avenue, TN|
|1031 Exchange Qualified:||Yes|
Crossville TN Storage is a stabilized 173,000 net rentable sq ft, self storage facility in Crossville, Tennessee which is approximately one hour west of Knoxville. The property offers drive up climate controlled self storage units ranging in size from 5×5’ to 10×30’. Crossville TN Storage is a premier, Class A facility situated on 5 acres. The facility is located in the desirable community of Crossville and offers a stabilized facility rate of 98.52% physical occupancy. This property is strategically located on West Avenue, offering great visibility and a daily traffic count of 7.400 vehicles per day.
The location of this facility benefits from a growing surrounding population and is approximately an hour west of Knoxville, Tennessee. The population within five miles of the facility has increased by 32% since 2000. The facility is located off of a busy street and is surrounded by many restaurants, retail stores, banks, and local businesses. This offers the facility great street frontage and high daily traffic counts of approximately 7,400 vehicles per day from West Avenue.
- Self Storage Facility totaling 173,000 SF
- Stabilized Facility: 98.52% physical occupancy
- Built over 2005-2021
- Includes state of the art security system, outdoor lighting, and access gate
- Possesses high barriers to entry, surrounded by residential development
- In historically low capital expenditure market; in growing self storage market
- Excellent visibility and street frontage along West Avenue with 7,400 vehicles passing per day
- The location of the facility benefits from a growing surrounding population and is approximately one hour west of Knoxville
Source: Preliminary Information
The market information provided above may not predict the future performance of the property.
*Distribution is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the offering’s Private Placement Memorandum.
All DST properties shown are subject to availability. There can be no assurance that the DST properties shown will be available.