$5,170,000 | 60,205 SF | Assured Storage - North Parkway

Colliers is pleased to present, exclusively to qualified investors, the opportunity to acquire Assured Storage – North Pkwy, a stabilized self‑storage facility located in Jackson, Tennessee. The Property is comprised of approximately 60,205 rentable square feet across 422 units and is positioned on North Parkway, one of Jackson’s primary commercial corridors. This offering provides investors with the chance to acquire a well‑maintained asset with durable in‑place cash flow and multiple avenues for long‑term value-add potential.

Assured Storage – North Pkwy is equipped with premium tenant amenities, including an on-site management office, access control systems with sliding gates, full perimeter fencing, extensive security camera coverage, wide drive aisles, and well-maintained landscaping. The facility is currently operating at approximately 82.5% physical occupancy, reflecting stable demand and consistent performance.  In‑place rental rates remain competitive, however clear upside potential exists through continued revenue optimization, rate management, and incremental occupancy gains.

Strategically located in Jackson, Tennessee, one of the state’s largest cities, this facility benefits from a skilled labor force and proximity to several educational institutions. Jackson sits in Madison County, midway between Nashville and Memphis, and is experiencing robust growth, highlighted by the current development of Blue Oval City. This transformative $5.6 billion, 4,100-acre mega campus will materially strengthen the area’s long‑term employment and population trends.

The Property benefits from excellent visibility and access along North Parkway, which carries approximately 13,700 vehicles per day, providing strong exposure to surrounding residential and commercial demand.  Within a three‑mile radius, the trade area contains approximately 33,300 residents with favorable self‑storage supply dynamics of roughly 4.6 square feet per capita, supporting continued demand growth and pricing stability. The Property sits on approximately 8.5 acres and offers significant room for future expansion, providing investors with a tremendous value enhancement opportunity beyond just organic operational improvements.

Assured Storage – North Pkwy is offered at a market‑competitive price of $5.17 million, or approximately $85.87 per rentable square foot, and generates approximately $360,500 of in‑place Net Operating Income. This offering represents an attractive opportunity to acquire a stabilized self‑storage asset in a growing secondary market, supported by strong fundamentals, visible long‑term catalysts, and multiple paths for value creation.