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Monroe Self Storage

440 Berlin - Cross Keys Road, Williamstown, NJ 08094, USA

For Sale

Contact LC Realty

Price:

Property Description

LC Realty and Argus Self Storage Advisors proudly present an exceptional self-storage development opportunity for sale at 440 Berlin Cross Keys Road in Williamstown, NJ, situated in Gloucester County.


Encompassing approximately 2.28 acres of vacant land, this offering includes unappealable site plan approvals and construction drawings, positioning it as a turnkey solution for the development of a state-of-the-art, class-A multi-story self-storage facility. The envisioned three-story structure, spanning 64,624 gross square feet, will offer a total of 48,225 net rentable square feet across 480 units, delivering a premier storage solution to the market.


Anticipating the future needs of investors, the ownership is in the process of filing for a 5-year tax abatement. This strategic move aims to significantly reduce tax liabilities throughout the development and lease-up phases.


Benefiting from a prime location and convenient access, the property enjoys excellent visibility and frontage along Berlin Cross Keys Road, a prominent thoroughfare less than 1 mile from the Atlantic City Expressway. The surrounding market, with a population of approximately 144,000 within a 5-mile radius, presents a robust demand for self-storage, complemented by a per capita self-storage space of approximately 5.73 square feet.


To learn more about this unique investment opportunity, please contact LC Realty for additional information.



Request Offering Memorandum

Property Details

Property Name:

Monroe Self Storage

Address:

440 Berlin - Cross Keys Road, Williamstown, NJ 08094, USA

County:

Gloucester

Acreage:

2.27

Gross SF:

64,624

Rentable SF:

48,225

Total Units:

480

Buildings:

1

Year Built:

N/A

Investment Highlights

  • Fully Approved Self-Storage Development

  • Turnkey with Approvals & Construction Drawings

  • 64,624 Gross SF Multi-Story Facility

  • 48,225 Net Rentable SF | 480 Units

  • 2.28 Acres of Development Land

  • Pursuing 5-Year Tax Abatement

  • Strong Market: 144K Population in 5 mi. | 5.7 SF of Self-Storage Per Capita

  • Prime Location: Visibility on Berlin Cross Keys Rd. between Atlantic City Expy. & Black Horse Pike

Contact Brokers:

Linda Cinelli, CCIM

908-303-8661

Edan Cohen

646-630-8511

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