2011 S Sheridan Rd Immeuble | 2 885 m² | Spécialité | À vendre 2 366 506 € | Lennon, MI 48449

Please call Danielle Moore for all inquiries at 586.354.4433
Update 9.10.25- Occupancy increasing up over 5% in 10 days. Seller is now willing to entertain offers for seller finance.
A+ Storage in Lennon, MI offers investors a rare value-add opportunity with immediate income and significant expansion potential. Built in 2024, the facility features 31,050 SF and 165 units across a mix of climate-controlled and drive-up storage. The property has recently opened just less than 3 months ago and is currently in lease-up at 35%+ occupancy, providing upside as it stabilizes.
The 7.02-acre site is fully approved for Phase II expansion, allowing the facility to grow to 80,420 SF. At stabilization, Phase I is projected to deliver NOI of $255,920, with Phase II expansion pushing NOI potential to over $741,000—an outstanding long-term growth trajectory.
Located at the hard corner of M-21 and M-13, the property enjoys excellent highway visibility, strong signage, and access to a growing residential base in Lennon, Durand, and Swartz Creek. The site also benefits from consistent regional traffic generated by Flint, Owosso, and nearby recreational corridors, including boaters, paddlers, campers, and seasonal visitors.
Highlights:
$2,790,000 asking price
165 units / 31,050 SF Phase I
Approved expansion to 80,420 SF total
Strong lease-up upside and value-add potential
Excellent frontage on two major highways
Onsite U-Haul contract for additional revenue
This property is an exceptional opportunity for investors seeking a scalable self-storage asset with both near-term lease-up income and long-term expansion growth.