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29296008
29296027

33833 Garnet St, Clinton Township, MI 48035

MK
MI MI 6502376505
Realty Executives Home Towne (Shelby)
DM
MI 6501460420
Realty Executives Home Towne (Shelby)
Listed by Realty Executives Home Towne (Shelby)
$2,280,000
138 days on market
Updated 44 days ago

U-Store Now Self Storage

Details
Property Type Self Storage
Square Footage 11,412
Net Rentable (SqFt) 11,412
Units 145
Cap Rate 8.00%
Occupancy 90%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.92%
Pro-Forma NOI $180,641
Price per SqFt $200
Year Built 1974
Year Renovated 2023
Stories 1
Acreage 2.000
Investment Type Stabilized

Self Storage | 145 Units | Self Automated Business

Marketing description

U-Store Now Self Storage offers investors the opportunity to acquire a well-performing self-storage facility in the heart of Clinton Township, MI. The property spans 2.08 acres and includes ±145 units across 11,412 SF, featuring drive-up access, select climate-controlled units, automated gate entry, and online rentals.

Priced at $2,280,000, the facility delivers a 2025 NOI of $180,641 with multiple income streams, including storage rentals, billboard revenue, and an on-site residential unit. The asset is professionally operated with Easy Storage software and automated payments, making it an efficient, low-management investment.

The surrounding area is experiencing continued residential and multifamily growth, fueling long-term demand for self-storage. Investors will appreciate the stable in-place income, supplemental revenue, and future upside, including potential expansion opportunities subject to municipal approvals. This is an ideal acquisition for owner-operators or investors seeking reliable returns in a growing Metro Detroit submarket.

Email or call Maurice at 586-615-0101 or Danielle at 586-354-4433 for questions or to schedule a tour.

Investment highlights

  1. Stabilized Self-Storage Facility with ±145 indoor and outdoor units across ±11,412 NRSF

  2. Strong In-Place Cash Flow with projected 2025 NOI of $180,641 and diversified income streams

  3. Efficient, Automated Operations featuring key-code gate access, online rentals, and Easy Storage software

  4. Value-Add & Growth Upside including potential expansion and increased demand from nearby multifamily development

Listing Contacts

MK
MI MI 6502376505
Realty Executives Home Towne (Shelby)
DM
MI 6501460420
Realty Executives Home Towne (Shelby)
Listed by Realty Executives Home Towne (Shelby)

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Additional Information

Name
Maurice Khalifa
License
MI 6502376505
Name
Danielle Moore
License
6501460420
Brokerage
Realty Executives Showcase Commercial
Brokerage Phone
5867264600
Title
Director of Commercial Real Estate
Brokerage Address
49433 Hayes Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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