SELF-STORAGE

Austin McLeod with Matthews™ has been exclusively hired to market for sale a recently converted, all climate-controlled self-storage facility totaling ±67,100 net rentable square feet managed by "Space Shop Self Storage" in Commerce, GA. The property is being offered at a favorable basis for an all climate-controlled facility, with day-one returns north of 6%, and meaningful upside available to a new owner through continued lease-up and additional existing customer rate increases (ECRIs).
The property benefits from visibility and access from US Hwy 441, which sees over 21,500 vehicles per day, along with signage on I-85 visible to more than 61,900 vehicles per day. The site also sits directly across from the Tanger Outlet Malls of Commerce, which draws over 2 million visitors annually due to numerous national retailers operating there. Competition is also limited, with only one other climate-controlled facility in Commerce and just 7.41 total square feet of self-storage per capita within a 3-mile radius, according to TractIQ.
Commerce is also in the middle of a growth cycle anchored by large-scale industrial and institutional investment. SK Battery America's $2.6 billion campus employs approximately 1,600 and anchors the region's EV and battery manufacturing base, while a $185 million, ±550,000-square-foot manufacturing plant bringing 1,451 full-time jobs is set to break ground in November 2026. Nearby, Toyota Industries' Pendergrass campus spans more than 1.5 million square feet with roughly 1,300 associates and has a $69 million expansion underway that will add another 250 jobs.
Healthcare and education investment is following suit: Piedmont Commerce MOB, a 31,481-square-foot outpatient facility, has broken ground at Homer Rd and Hwy 441 as Phase I of a master-planned medical campus with delivery expected in early 2027; NGMC Braselton completed a $565 million expansion delivering a new 180,000-square-foot emergency room in July 2026 along with 150 additional beds; and three new schools totaling 560,600 square feet are under construction via a $200 million GO bond, serving a district already enrolling approximately 12,000 students.
These drivers are reflected directly in the demographics. The 3-mile trade area has grown 4.90% annually since 2010 and is now projected to grow more than 5% annually over the next five years.
This opportunity is being offered unpriced. We have set the Call for Offers date for Wednesday, September 16th, 2026. Please contact Austin McLeod to discuss pricing guidance and gain access to the deal room.
Net Rentable SF
±67,100
Total Units
592
Climate Controlled Units
591
Year Built / Converted
1989 / 2023
Unit Occupancy
80%
SF Occupancy
81%
Economic Occupancy
83%
T-3 NOI
$467,072
Recently converted self-storage facility offering ±67,100 net rentable square feet of climate-controlled self-storage across 592 total units
Only one other climate-controlled facility in Commerce, with just 7.41 SF per capita of self-storage within a 3-mile radius (according to TractIQ)
Access from US Hwy 441, which sees over 21,500 vehicles per day, plus signage on I-85 with visibility to over 61,900 vehicles per day
Solid basis with day-one returns north of 6%, with the opportunity to grow revenue through improved occupancy and ECRIs
4.90% annual population growth within a 3-mile radius since 2010, with the population now projected to grow over 5% annually for the next 5 years
Located directly across from the Tanger Outlet Malls of Commerce, with numerous national retailers and over 2 million visitors per year
$185M, ~550,000 SF manufacturing plant breaking ground in Commerce in November 2026, bringing 1,451 full-time jobs
SK Battery America's $2.6B campus in Commerce employs approximately 1,600 and anchors the region's EV and battery manufacturing base
Piedmont Commerce MOB, a 31,481 SF outpatient facility, has broken ground at Homer Rd & Hwy 441 as Phase I of a master-planned medical campus, with delivery expected in early 2027
NGMC Braselton's $565M expansion delivered a new 180,000 SF emergency room in July 2026 along with 150 additional beds
Three new schools totaling 560,600 SF are under construction via a $200M GO bond, serving a district that already enrolls approximately 12,000 students
Toyota Industries' Pendergrass campus spans 1.5M+ SF with approximately 1,300 associates; a $69M expansion underway will add 250 jobs
(3 & 5 Mile Radius)
3-Mile Population (2025)
5-Mile Population (2025)
3-Mile Avg HH Income
5-Mile Avg HH Income
2030 POPULATION (3-MILE)
2030 POPULATION (5-MILE)
Commerce sits in the middle of a growth cycle anchored by large-scale industrial, healthcare, and education investment along the I-85 corridor northeast of Atlanta. Billions in EV, battery, and advanced manufacturing capital have landed in the immediate trade area, driving household formation and job growth. Combined with a scarcity of climate-controlled competition and just 7.41 SF of self-storage per capita within three miles, these fundamentals support sustained lease-up and long-term rental rate appreciation.



SELF-STORAGE
Senior Vice President · Director | Self-Storage
LICENSE NO.394903 (GA)
Broker of Record
Maxx Bauman
LICENSE NO.451849 (GA) · FIRM NO. 80041 (GA)