92,697 SF | Go Store It | Mt Juliet, TN

Colliers is pleased to present a rare investment opportunity for qualified investors to acquire an institutional-grade self-storage facility located at 166 Belinda Parkway in Mt. Juliet, Tennessee. Go Store It – Mt. Juliet offers 92,697 rentable square feet across 678 units, with sizes ranging from 5’x5’ to 20’x25’. Additionally, Carlson Insurance has been a long-term tenant, occupying the second floor of the management office for over eight years.

Strategically positioned along Interstate 40 (99,841 AADT) with convenient access from Belinda Parkway (6,941 AADT), this facility benefits from its location in one of Tennessee’s fastest-growing communities.

The property comprises four single-story buildings and one two-story climate-controlled building, situated on approximately 7.95 acres. Developed in three phases, the most recent expansion delivered 40,000 square feet of additional space in July 2017.

Go Store It – Mt. Juliet provides tenants with a premier storage experience, featuring a secure gated entrance with keypad-controlled access, a spacious management office, and a passenger elevator in the two-story climate-controlled building. Tenants also benefit from complimentary moving carts, ambient music throughout the facility, and a well-maintained environment with extensive security measures, including 35 high-definition surveillance cameras and comprehensive exterior lighting.

This highly visible asset is supported by Mt. Juliet’s strong demographics and a longstanding moratorium on new self-storage development, creating significant barriers to entry for competitors. Located in the heart of Wilson County’s growth corridor, the facility serves a five-mile trade area with 59,029 residents, projected to grow by 9.5% by 2029. This population boasts an impressive median household income of $105,963.

Market analysis from Yardi indicates a 5-mile self-storage saturation of just 6.32 square feet per capita, with climate-controlled inventory accounting for only 2.56 square feet per capita, highlighting the strong demand for this asset type.

Offered at $21,600,000, Go Store It – Mt. Juliet is priced at a stabilized 7.50% cap rate. Investors will acquire a meticulously maintained facility with a proven track record of strong operating performance and attractive financial upside through continued revenue optimization.  With limited competition due to the development moratorium, a thriving local economy, and close proximity to Nashville, this asset presents a compelling self-storage investment opportunity with long-term value appreciation.