The Cushman & Wakefield Self Storage Advisory Group has been retained to offer for sale Lock N’ Roll Self Storage in Oakwood, GA.

This offering presents a unique opportunity to acquire a newly constructed, Class A self-storage facility located in the high-growth submarket of Oakwood, Georgia. Delivered in January 2025, the property comprises 110,200 net rentable square feet across 634 units, including a strong mix of climate-controlled, drive-up, and parking units. Situated near the shores of Lake Lanier, the facility benefits from exceptional visibility and access within a rapidly growing residential and recreational corridor. The Lake Lanier region continues to experience robust demographic expansion, with the 5-mile population projected to grow by over 20% between 2020 and 2029. The area is supported by strong income levels, with average household income exceeding $100,000 within a 1-mile radius as of 2024. Lock N’ Roll’s scale, modern design, and strategic location position it competitively within a submarket that continues to attract new development and investment activity.

The facility is currently in lease-up, with physical occupancy at approximately 6.5%, offering substantial upside for income growth. Market rents in the trade area currently average over $12 PSF annually. Based on CW’s expectations, the project will physically stabilize within 24 months and approach economic stabilization within 36 months.

The project is ideally positioned within the Lake Lanier corridor, a high-demand submarket in the Northeast Atlanta MSA that blends the economic momentum of Gainesville, a regional employment and healthcare hub, with the residential and recreational appeal of the Lake Lanier communities, including Flowery Branch, Buford, and Cumming. Together, these areas form a synergistic market, offering a mix of expanding population, strong income demographics, and development constraints that shape long-term supply dynamics. The immediate area benefits from access to over 37,000 residents within a 3-mile radius, a diversified economic base anchored by healthcare, manufacturing, and logistics, and proximity to major transportation infrastructure including I-985, GA-20, and McEver Road. This combination of sustained growth, rising demand, and competitive positioning makes Lock N’ Roll Self Storage a compelling investment in a rapidly evolving market.