Self-Storage & Industrial
PUBLIC STORAGE(MANAGED)
Executive Summary
Austin McLeod with Matthews™ has been exclusively hired to market for sale a Class A, all climate-controlled self-storage facility totaling ±67,829 rentable square feet across 656 units. The facility was opened in June 2025 and is currently managed by publicly traded REIT "Public Storage".
The three-story facility is a state of the art build with an optimal two "ground-level" accessed floors, allowing ownership to charge a premium rental rate across two floors' worth of units. Since delivery, the facility has leased up quickly, reaching 46% occupancy by units and 53% by square footage within its first 12 months of operation.
The property also benefits from visibility directly on Jimmy Carter Blvd, seeing over 33,600 vehicles per day. The surrounding market also carries just 6.11 square feet per capita within a 3-mile radius, according to TractIQ, and the surrounding trade area continues to demonstrate strong demographic trends as well.
Over 109,000 residents currently live within 3 miles of the property, a figure projected to grow to more than 112,000 by 2030. This growth is supported by a large residential development pipeline totaling an estimated $1.8 billion in value, including more than 5,500 units in planning within a 5-mile radius. Norcross also sits within Gwinnett County, the second-most populous county in Georgia, and is located in the Atlanta MSA, the seventh-largest MSA in the country.
This opportunity is being offered on a market bid, call-for-offers basis, with the Call for Offers date set for Wednesday, August 19th, 2026. Please contact Austin McLeod to discuss pricing guidance and gain access to the deal room.
Investment Highlights
2025-Construction, Three-Story Self Storage Facility Comprised of 656 Climate-Controlled Units Totaling ±67,829 NRSF
Optimal design with two "ground-level" accessed floors, allowing the owner to charge a premium rental rate for two floors worth of units
State-of-the-Art Facility that has leased up quickly in a year, reaching 46% unit occupancy and 53% SF occupancy in 12 months
Dense surrounding population with over 109,000 residents living within 3-miles of the site, which is projected to grow to over 112,000 residents by 2030
Very rare and favorable market saturation of just 6.11 SF per capita of self-storage within 3-miles of the property (according to TractIQ)
High traffic counts on Jimmy Carter Blvd seeing over 33,600 vehicles per day
Norcross is located in Gwinnett County, the Second Most Populous County in Georgia and located within the Atlanta MSA, the 7th largest MSA in the country
Over 5,500 new residential units showing in the development pipeline within 5-miles of the facility, estimated at over $1.8B in value
Demographics
(3 & 5 Mile Radius)
3-Mile Population (2025)
5-Mile Population (2025)
3-Mile Avg HH Income
5-Mile Avg HH Income
2030 POPULATION (3-MILE)
2030 POPULATION (5-MILE)
NORCROSS, GA · GWINNETT COUNTY
Norcross is strategically positioned within Gwinnett County, one of Georgia's fastest-growing and most populous counties, offering strong population density, continued residential development, and exceptional long-term demand drivers for self-storage. The property's location within the Atlanta MSA, combined with limited nearby supply, favorable market saturation, and more than $1.8 billion in planned residential development within five miles, supports sustained occupancy growth and long-term rental rate appreciation.
Location & Access
- The property is a 2025-built, three-story self-storage facility with 656 climate-controlled units totaling ±67,829 NRSF.
- The site is positioned on Jimmy Carter Boulevard with exposure to over 33,600 vehicles per day.
- The property offers convenient access to I-85, I-285, and the greater Atlanta MSA.
Trade Area
- Located in Gwinnett County, Georgia's second most populous county and part of the nation's 7th-largest MSA.
- More than 109,000 residents live within three miles, with the population projected to exceed 112,000 by 2030.
- Strong surrounding residential density continues to support long-term self-storage demand.
Development Pipeline
- More than 5,500 residential units valued at over $1.8 billion are planned within five miles.
- Continued residential growth is expected to drive additional storage demand for years to come.
- The expanding development pipeline reinforces the area's long-term population growth.
Self-Storage & Industrial
PUBLIC STORAGE (MANAGED)
Exclusively Listed By
AUSTIN MCLEOD
Senior Vice President · Director | Self-Storage
LICENSE NO.394903 (GA)
Broker of Record
Maxx Bauman
LICENSE NO.451849 (GA) · FIRM NO. 80041 (GA)