1145 Belsay RdBurton, MI 48509

For Sale
$5,250,000

High-return self storage investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional self-storage facility in Burton, Michigan, presents a compelling investment opportunity. Built in 1974 and extensively renovated in 2023, the property opened in January 2024 and boasts 39,913 net rentable square feet across 477 climate-controlled units. The asking price is $5,250,000, representing a price per square foot of $131.54 and a price per unit of $11,006.29. Currently operating at 22.1% occupancy, the property generates a net operating income (NOI) of $234,877, with a pro-forma NOI of $700,824 and a pro-forma cap rate of 8.22%. Strategically located near the I-69 entrance/exit ramp, this Class A facility benefits from high visibility and convenient access to nearly 10,000 vehicles daily. The surrounding area shows strong economic drivers, including manufacturing and healthcare sectors, and significant residential growth within a 5-mile radius, encompassing several multifamily developments. The facility serves a substantial population: 30,000 within 3 miles and 98,000 within 5 miles, making it an ideal investment for long-term growth and profitability. The property sits on a 5.18-acre lot and consists of a single, one-story building.

Highlights

  • Class A self-storage facility; 39,913 net rentable square feet (NRSF), 477 climate-controlled units; opened January 2024 after 2023 renovation.
  • Prime location near I-69 entrance/exit ramp, high visibility to ~10,000 vehicles daily.
  • Strong economic drivers in Burton, MI: manufacturing, healthcare, and significant residential growth within 5 miles.
  • Serves a population of 30,000 within 3 miles and 98,000 within 5 miles.

Property Details for 1145 Belsay Rd

Property type
Self storage facilities, Industrial properties
Square Feet
39,913 SF
Year Built/Renovated
1974/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
225,641 SF
Units
477

Location Insight

City
Burton
County
Genesee
State
Michigan
Latitude
43.023923289663
Longitude
-83.597279342641
1145 Belsay Rd, Burton, Michigan

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1145 Belsay Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message