Services - Storage & Warehousing

Asking Price	$2,250,000	Inventory
Gross Income	217260	Real Estate
Cash Flow	$152,756	Year Established	2007
FF&E	N/A	Employees	1

* included in the asking price

** not included in the asking price

A brand new 48,500 sq.ft. facility, on 3 acres, with 40,750 net rentable space, built with state of the art surveillance, 285 units, both climate controlled and conventional. Included is a manager's apartment with two bedrooms, two bathrooms, and office space. Fully lit, paved and surrounded with a barbed wire topped fence between buildings. This is a new, clean and attractive facility. Customers are very satisfied with the quality of the facility and proximity to Owen Drive. Occupancy has progressively and consistently increased to a recent economic occupancy of 65% and a physical occupancy of 85%. Closing this economic and physical gap will increase profits.

Facilities: This brand new facility opened in the first quarter of 2007, is clean and attractive, has state of the art security, is fenced and lighted, has an 800 square foot manager s apartment and an 800 square foot office area. Net rentable square feet of 40,750 is on about three acres. 12,200 square feet is climate control.

Competition: The facility is located and visible from Owen Drive. Owen Drive is a major arterial road connecting All American Expressway to Interstate Highway 95. Over 24,000 cars per day travel on Owen Drive. Enterprise Avenue is host to a small cluster of industrial building within a growing and vibrant residential community. The storage is in an excellent position to serve the adjacent community. A new sign has just recently been posted and a truck is available for use to all customers moving into the facility.

Growth/Expansion: The Enterprise Storage Facility is located in the heart of Fayetteville, NC adjacent to the Interstate 95 corridor. It is the sixth-largest city in North Carolina, featuring such amenities as numerous historic sites, seven museums, three colleges and universities, multiple entertainment venues, a historic downtown and award-winning golf courses. The city of 175,000 residents offers a Regional Airport and close proximity to convenient in-state highways. Groundbreaking ceremonies were just held for the new Military Business Park.