The Cushman & Wakefield Self Storage Advisory Group has been retained to offer Kings Bay Self Storage for sale.

This exclusive opportunity allows investors to acquire a physically stabilized, owner-managed self-storage facility in St. Marys, GA. The Property features 50,566 rentable square feet, including 144 climate-controlled units, 271 drive-up units, and an apartment. Additionally, it includes 17,455 rentable square feet of uncovered parking across 68 spaces. As of February 2025, the property was 95% physically occupied, generating $46.2k in monthly rent. Notably, there are only five competitors within a three-mile radius, with the largest offering approximately 21,500 rentable square feet. This positions Kings Bay Self Storage as the only institutionally sized facility in the trade area. Conveniently located next to the former St. Marys Airport, currently in Phase 1 of a redevelopment project aimed at creating a hub for industry, manufacturing, and entertainment, the Property is expected to benefit from the area’s ongoing economic growth.

St. Marys, GA, is a charming and historic beach town known for its friendly community and rich heritage. This area offers a serene lifestyle with beautiful natural surroundings, including the gateway to Cumberland Island National Seashore. Economically, St. Marys thrives on a diverse mix of industries. Key drivers include tourism, bolstered by its historic sites and natural attractions, and the Kings Bay Naval Base, the City’s largest employer, supporting thousands of jobs in defense, technology, and related industries. Additionally, the town benefits from a growing healthcare sector, local businesses, and a supportive environment for new enterprises, driven by initiatives like the Development Authority of St. Marys.

The Property offers a compelling opportunity to acquire a physically stabilized, well-positioned, owner-managed facility with considerable management and revenue upside. The current owner, based in California, has maintained stable occupancy and rent over the past 36 months. With at least 15% upside in rents compared to inferior local competition, there is significant room to increase rent and other income by implementing modern revenue management practices. The lack of quality nearby alternatives for customers positions the property for long-term rent growth and appreciation.