RightSpace Storage - Fall River, MA
749 Quequechan St. Fall River, MA
- 125,200 Square Feet
- Industrial Commercial-Specialty
- For Sale
The Self Storage Group of Colliers International is pleased to exclusively offer to qualified investors the opportunity to purchase Right Space Storage at Certificate of Occupancy. This 1,250 unit self-storage facility is located at 749 Quequechan St in the town of Fall River, MA. Located adjacent to a Super Wal-Mart, this asset is highly visible not only to 89,154 individuals that live within 3 miles, but also to the 84,000 vehicles that pass each day on I-195.
Right Space Storage is a 3 story conversion of an 19th century manufacturing facility. Sitting on approximately 3.32 acres, this facility will offer tenants 125,200 rentable square feet, ranging in size from 5’x 5’ to 10’x 30’. This asset is scheduled to open in April 2018, just in time for the prime leasing season.
With commanding structural visibility coupled with a billboard at the intersection of Quequechan St and Warren St, Right Space Storage will service this under-served submarket which currently only offers approximately 2.7 SF per person within 3 miles. The 3-mile radius has 41,859 housing units, of which 25,032 units are renter occupied, or 59.8% of the total supply. The average household income within a three mile radius is $56,077.
Right Space Storage will offer its tenants numerous amenities, including a covered unloading area with key code access, spacious management office, 2 elevators, complimentary moving carts, ambient music throughout the facility, 58 24-hour video surveillance cameras, abundant landscaping, and security lighting throughout.
The buyer of Right Space Storage will benefit in from the facility’s strategic location next to a high traffic Super Wal-Mart and the low square feet per capita within the trade area. Additionally, the installation of the 250 Kw solar power system will not only reduce the utility bill but also will provide an immediate revenue stream along with tax credits.
Property Status: Self Storage - Certificate of Occupancy
Building Size: 125200 Square Feet
Area Available: 125,200 Square Feet