225,837 SF | 3 Properties | A+ Nashville Portfolio | Nashville MSA

Description

Colliers is pleased to present the exclusive opportunity to acquire a premier, institutional-quality self-storage portfolio strategically positioned in the high-growth Nashville MSA. This best-in-class portfolio comprises three Class A facilities totaling 225,837 rentable square feet across 1,733 units. Each facility has been delivered within the past five years and is in varying stages of lease-up.

Franklin Location – Opened in October 2022, this five-story, 72,572-square-foot institutional-grade facility is prominently located at 6200 Hospitality Drive in Franklin, Tennessee. Situated on 2.0 acres, the property boasts high visibility along Murfreesboro Road (26,264 AADT) in one of Tennessee’s most affluent zip codes. Designed for premium convenience and security, the facility features 24-hour surveillance, secure coded access, multiple loading areas, two elevators, and a spacious management office. Additionally, it includes 54 office suites, leased and fully managed by Regus under the HQ Brand, offering flexible month-to-month rental options.

The Franklin market has experienced an 84.1% population increase since 2000, with the current five-mile population at 100,630 and projected to grow by an additional 2% annually. According to Yardi, self-storage supply within a three-mile radius is 8.4 square feet per capita, with only 4.6 square feet being climate-controlled, highlighting the strong demand for premium storage solutions.

Murfreesboro Location – Located at 757 West Northfield Boulevard in Murfreesboro, Tennessee, this institutional-grade facility spans 2.63 acres and features a two-story climate-controlled building with ground-level access on both floors, along with three drive-up buildings, totaling 82,537 rentable square feet across 531 units. Positioned along a high-visibility five-lane connector, the property benefits from Murfreesboro’s rapid expansion, having been ranked the #3 Fastest Growing Boomtown in America.

The five-mile population of 143,716 continues to grow, fueling strong rental demand. Tenants enjoy top-tier amenities, including 24-hour surveillance, coded access, multiple loading areas, and full security lighting. Fully stabilized and poised for continued success, A+ Storage presents a prime investment opportunity in a thriving market.

Spring Hill Location – Developed in phases between 2020 and 2023, this 70,728-square-foot facility consists of two two-story buildings and one single-story drive-up building. Strategically located on 2.52 acres just north of US-396 (39,631 AADT), A+ Storage offers advanced security, multiple loading areas, convenient elevators, and a spacious management office.

The property benefits from its proximity to tremendous residential and commercial growth along Kedron Road. Situated in one of Tennessee’s fastest-growing corridors, the five-mile population of 73,353 has surged by 448.9% since 2000 and is projected to grow by an additional 3% annually.