All site contact or visits must be scheduled through SkyView Advisors.
Cecil’s Mill Self Storage is a self-storage facility located in Great Mills, MD. This is an opportunity to own a facility situated on 4.06 acres of land, with a total of 54,135 net rentable square feet. Built in 2010, the facility has 298 climate-controlled units, 184 non-climate controlled units, 28 spaces for boat and vehicle parking, and 1 unit for retail space. The five year population growth potential within a 3-mile radius is estimated to be 3.54%, and 4.30% within a 5-mile radius.
- Market rents are significantly below market standards.
- Ancillary Income generators such as retail sales, admin fees, and tenant insurance can be improved to significantly increase revenue.
- Additional income generated by the retail space next to the office. Current lease is $1,000/mo.
- Facility is conveniently located at the intersection of Route 246 and Route 5. Over 17,000 cars pass by the facility every day.
- Close proximity to Patuxent Naval Air Station which drives 75% of the economy in St. Mary’s County and St. Mary’s College which is home to over 1,800 students.