Need Space Self Storage
7305 Westbranch Rd, Olive Branch, MS 38654
$4,350,000
Price
6.01%
Cap Rate
278
Number of Units
33,670
Rentable Square Feet
$15,647
Price Per Unit
$129
Price PSF
Key Investment Highlights
Call For Offers: August 27, 2026 33,670 NRSF / 278 Climate Controlled Units
Class A Facility Built in 2022 / Opened in August of 2022 95% Physical Occupancy / 116% Economic Occupancy Gross Potential Rent according to Street Rates $27,240 per month / Rent Collected for the Month of June $30,824.50 Ability to Immediately Push Street Rates
State of the art Facility that offers brand new 24-hour digital video surveillance, fully fenced and gated with coded entry and exit Large onsite office for management
6.01% Cap Rate on Current / Ability to Achieve a 7.52% Cap Rate Year five with a Cash on Cash Return of 8.27%
Strategically Positioned Within the Fastest-Growing Corridor of the Memphis MSA
Prime Olive Branch Location – Situated along West Branch Road just south of Goodman Road (MS-302), one of DeSoto County's primary commercial corridors, with access to approximately 30,000 vehicles per day along nearby Goodman Road. The population in Olive Branch, MS has grown 34.6% since 2013 and is the fastest growing city in Desoto County MS. Olive Branch has experienced significant job growth in recent years due to its proximity to major transportation hubs including Memphis International Airport, I-55 and I-78. I-78 plays a crucial role in the economic and logistical development of Olive Branch, MS, the interstate provides a direct connection between Olive Branch and areas such as Memphis and Jackson. Companies like Amazon, Fedex, large scale facilities, Nissan, Toyota, and Airbus have set up manufacturing plants in the area.
Exceptional Transportation Access – Conveniently connected to Interstate 22, Interstate 269, U.S. Highway 78, and Highway 305, providing seamless access throughout the Memphis metropolitan area and northern Mississippi.
Surrounded by Major Employers – Located near significant employment centers including Amazon, Milwaukee Tool, FedEx, Williams-Sonoma, Nike Distribution, and Helena Agri-Enterprises, supporting strong residential and business storage demand.
Affluent & Rapidly Growing Trade Area – Olive Branch continues to rank among the fastest-growing communities in Mississippi, benefiting from sustained population growth, household formation, and new residential development throughout DeSoto County.
Strong Family-Oriented Demographics – Positioned near highly regarded DeSoto County Schools, one of Mississippi's top-performing school districts, attracting long-term residents and supporting continued housing growth within the immediate trade area.
At the Center of DeSoto County's Explosive Residential & Commercial Growth
Michael Morrison
Broker-In-Charge
(803) 600-0602
Michael@SuperiorCapitalAdvisors.com
SC:58247,NC:360061,GA:283465,MS:C-24484
Matt Porter
Managing Broker
(601) 214-8146
Mporter@superiorcapitaladvisors.com
MS B-23509
Location & Neighborhood
Copyright ©
CREOP
, LLC. All Rights Reserved.