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Investment Highlights

  • Seller Financing Will Be Considered
  • 35 minutes outside of Charlotte, NC
  • Current Rental Rates More Than 25 Percent Below Market
  • Approximately 1.5 Acres Available for Future Expansion
  • Near Full Occupancy with Strong In-Place Cash Flow

Executive Summary

Marcus & Millichap is pleased to present the investment opportunity located at 700 Linwood Road in Gastonia, North Carolina. The property features a self-storage facility containing approximately 12,000 net rentable square feet of drive-up storage units. The property is currently 96.75 percent physically occupied, providing investors with strong in-place cash flow and demonstrating the facility's established position within the local market. The facility is equipped with numerous features that improve tenant experience, including a fully fenced perimeter, gated entry system, on-site management office, paved drive aisles, security cameras, and modern management software. These operational improvements provide a turnkey opportunity for a new owner while supporting streamlined day-to-day management and tenant retention. In addition, the property includes approximately 1.5 acres of excess land, creating a valuable expansion opportunity for future ownership to increase rentable square footage and capitalize on growing storage demand. The investment is further enhanced by a seller financing option and a compelling value-add component, as current rental rates are reportedly more than 25 percent below prevailing market rates. Additionally, and there are currently no planned or under-construction self-storage facilities within a five-mile radius, limiting future competitive pressure and supporting long-term occupancy and pricing power. As a result, this self-storage facility offers investors a unique opportunity to acquire a stabilized asset with meaningful value-creation potential.

Data Room Click Here to Access

Property Facts

Price $1,523,016 CAD
Price Per SF $122.82 CAD
Sale Type Investment
Property Type Specialty
Property Subtype Self-Storage
Building Class A
Lot Size 2.82 AC
Building Size 12,400 SF
No. Stories 1
Year Built 1997
Zoning Business/Commercial
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
111828
Land Assessment
$136,864 CAD
Improvements Assessment
$341,862 CAD
Total Assessment
$478,725 CAD
  • Listing ID: 42038292

  • Date on Market: 2026-09-03

  • Last Updated:

  • Address: 700 S Linwood Rd, Gastonia, NC 28052

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