Marcus & Millichap ARRANGES THE SALE OF 87,550-SQUARE-FOOT SELF-STORAGE
CLARKSVILLE, TN, September 23, 2015 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Big Ben’s Self Storage, an 87,550-square-foot self-storage located in Clarksville, TN, according to Michael L. Glass, regional manager of the firm’s Columbus office. The asset sold for $5,000,000.
Brett R. Hatcher and Gabriel Coe, investment specialists in Marcus & Millichap’s Columbus office, and Anne Williams, Broker of Record in the firm’s Tennessee office, had the exclusive listing to market the property on behalf of the seller, a partnership. The investor, a limited liability company, was secured and represented by Brett R. Hatcher and Gabriel Coe.
Big Ben’s Self Storage is located at 528 Dover Road in Clarksville, TN. The subject property was built in 2006 and sits on 10.2 acres of land. Big Ben’s Self Storage offers renters climate controlled units, ranging in size from 50 to 300 square feet, and non-climate controlled units, ranging in size from 25 to 600 square feet. The subject property features 608 total units, a professional on-site management office, steel roll-up doors, asphalt drives throughout, video surveillance, perimeter fencing, and a keypad, gated entry.