Property History
Granite Storage is situated on 2.59 acres, an attractive self storage offering with five metal dual tone blue and tan storage buildings, fronted by ample parking space. The bright blue roofs and accents on the buildings offer enhanced visibility from the street.
The property is strategically located on Airport Road in between Westerly State Airport and numerous single family homes (1,136 single family homes within a 1-mile radius) situated at the Pawcatuck river leading into the North Atlantic Ocean. With great visibility and signage, the property receives approximately 9,400 vehicles passing by the facility on a daily basis. The surrounding area has excellent demographics with a population of 33,589 within a 5-mile radius with an average household income of approximately $104,865.
- 16% IRR Levered Return in 5 Years
- Very Strong Household Incomes - $104,865 in a 5 Mile Radius
- Very Limited Self Storage Supply – 7 SQFT Per Capita in 5 Miles
- Opportunity to Implement a Tenant Insurance Program to Increase Revenue
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!
