Investment Overview

Marcus & Millichap is pleased to present for sale TRG Mini Storage & Carwash, a well-positioned self-storage and ancillary services property located at 406 E. Hamlet Avenue, Hamlet, NC. Situated on a highly visible corner lot in the center of town, this investment offering consists of 14,450 net rentable square feet across 143 non-climate-controlled units and 15 parking spaces. The facility is currently operating at 90.37% physical occupancy, producing a 8.00% current capitalization rate, with demonstrated strong demand for self-storage in the 3-, 5-, and 10-mile trade areas. The 2.28-acre site also includes complementary income streams from a 4-bay self-serve car wash, a two-car garage with office, and an on-site apartment. This property is strategically located in the Hamlet–Rockingham submarket, which is poised for significant economic growth. On June 4, 2025, Amazon announced plans to invest at least $10 billion to develop a new Amazon Web Services (AWS) data center campus in Richmond County, just east of Charlotte. The project, which is currently in the planning and development phase, is expected to add 500 jobs over the next five years and catalyze substantial infrastructure and housing demand throughout the region. With its strong in-place occupancy, diversified revenue components, and exceptional location in a rapidly expanding market, TRG Mini Storage & Carwash is uniquely positioned to deliver both immediate cash flow and long-term upside for a new owner.