Store Here Self Storage

• Recently built facility in Macon, GA, offered well below replacement cost at $44 per rentable square foot
• Year 1 Cap Rate 7.64%; Projected Year 2 Cap Rate of 9.75% and Year 4 Cap Rate of 11.03%
• Potential significant reductions in expenses for a new owner, as property taxes should drop by $17k in Year 1 based on the sale price, along with reduced payroll
• Higher income area of Macon, as the surrounding 3-mile radius carries a median household income of $90,182 and an average household income of $110,045
• 11 active housing projects within 5 miles representing roughly 684 units and $300M+ of estimated value
• Macon-Bibb County secured $232M in new investment and 640 announced jobs in 2026, led by Unified Legacy’s $125M manufacturing expansion (500 jobs) and ArcelorMittal Building Solutions’ new North American headquarters and plant
• A confirmed Costco (opening ~2027) and active interest from Trader Joe’s and other national retailers underscore accelerating rooftop and traffic growth along the New Forsyth/Zebulon/Thomaston corridor
• Robins Air Force Base, roughly 20 minutes away, generated a $4.48B economic impact in 2025, with a workforce up 11% over two years (21,000+ employees) — a durable driver of population and income stability across Middle Georgia