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Storage Depot, Inc. 
1440 College Street
 Oxford, NC 27565
County: Granville
 
Dale C. Eisenman, CCIM
(843) 342-7650
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  For Sale In Contract  
Property Use Type:Investment
Type:Industrial
Self/Mini-Storage Facility
Building Size:16,400 SF
Lot Size:1.24 Acres
Occupancy:77.00%
Price:$650,000
Price/SF:$39.63
Cap Rate:8.70%
Year Built:1996
Date Last Verified:11/1/2008
Property ID:15836612
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 Attachments 
Flyer 129 KB
 
 Additional Information 

Property Description:
Storage Depot is a well established self storage facility with good visibility located in Oxford, NC on College Street (Hwy 15) near the intersection of College Street and Oxford Outer Loop (Hwy 158).
It is comprised of six metal self storage buildings with a brick faced rental office. The facility has enjoyed high occupancy and features drive up units with all concrete drive aisles.

Location Description:
Storage Depot is located in Oxford, NC on College Street (Hwy 15) near the intersection of College Street and Oxford Outer Loop (Hwy 158).

 Highlights 
•Good Visibility•High Occupancy
 
•Opened in 1996, Expanded 1997 and 1998•All Concrete Drive Aisles
 
•30% Leveraged IRR  
  Financial Summary Proforma  
Year:2008
Effective Gross Income:$95,043
Operating Expenses:$38,804
Net Operating Income:$56,239
 
  Major Tenant Information
Tenancy Type: Multiple
 
 
  Debt & Equity Information
No Debt & Equity Information Provided

8/6/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 
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