Greenhalgh Storage Group is pleased to present Security Storage in Tuscaloosa, Alabama. Located 4 miles from the University of Alabama, this facility houses 113 climate-controlled and 226 non-climate units as well as a self-service car wash all positioned on 5.7 acres of land. The property has 3.2 acres of room to expand, half of which is premium frontage land on Skyland Boulevard, which saw a daily traffic count of 34,140 cars in 2017.
The property features a car wash at the front of the parcel that currently grosses $70,000 per year, however, we believe that this is not the highest and best use for this premium frontage land. A new owner will most likely scrape the car wash and utilize the entire front of the parcel for additional storage or retail development. The square footage occupancy of this facility is 85%, but tends to climb closer to 100% during the summer months due to University students.