| CREOP

Mississippi State Demand + Golden Triangle Growth = Durable Self Storage Fundamentals

Call For Offers: August 6, 2026 561 Climate Controlled Units / 47 Non-Climate Controlled Units / 67,275 NRSF Smart Locks Keyless Entry
Class A Self Storage Facility / Achieved Certificate of Occupancy on April 15, 2025. Estimated 9,600 beds within 1 mile of Blackjack Self Storage New Starkville High School currently under construction with a budget of $105 Million. Crossroads District Phase 1 has an estimated investment value of $75 Million Hotel Madelon under construction has an estimated budge of $70 Million The property experienced a fantastic initial lease up period, by May 2025 occupancy had achieved 15.6% Leasing momentum accelerated through the summer months peaking at 40% in July of 2025 Entering Spring of 2026 the property has continued to show strong leasing activity achieving 50% in physical occupancy in just the first year of operations.
Currently 20% Economically Occupied on a Trailing 6 Months of Income / Currently 49% Physically Occupied as of July 1 Marketing efforts during the startup phase have remained intentionally limited and cost-conscious consisting of email marketing campaigns, social media advertising and digital targeting within a five-mile radius of the facility. Management believes significant opportunity remains for accelerated occupancy growth through expanding branding and promotional initiatives.
Ability to achieve a stabilized cap rate of 10.38% and a stabilized cash on cash return of 18.32%

Retail and Residential Growth

The Golden Triangle Industrial Park, one of the Southeast's premier manufacturing hubs. The park and surrounding region have attracted more than $12 billion in private investment and created over 10,000 direct jobs, making it a significant long-term demand driver for residential growth, contractor activity, and self-storage in Starkville. These investments matter because many executives, engineers, and skilled manufacturing employees choose to live in Starkville due to Mississippi State University, quality schools, healthcare, and lifestyle amenities. This creates additional demand for housing, commercial development, and self-storage for the future. • A $2.5 billion regional economic development investment in the Golden Triangle is expected to create thousands of jobs.

Facts Fueling the Economy

Estimated 9,600 beds within 1 mile of Blackjack Self Storage New Starkville High School currently under construction with a budget of $105 Million. Crossroads District Phase 1 has an estimated investment value of $75 Million Hotel Madelon under construction has an estimated budge of $70 Million
Immediate proximity to major student housing and daily traffic generators. The property is adjacent to / near a dense cluster of student-oriented housing on Blackjack Road, including The Grand At Starkville, and is a short drive from the Cotton District, University Drive, and the core Mississippi State campus—key demand nodes that keep this corridor active year-round
Strong connectivity to Starkville’s primary commercial and regional arteries. The site has quick access to MS Highway 12, MS Highway 182, MS Highway 25, and US 82, which connect the property to downtown Starkville, Mississippi State, Columbus, and the broader Golden Triangle. MS 25 is especially important because it links Starkville directly back to the Jackson metro and feeds university / regional traffic into the market.
Starkville is bigger than a college town—it’s part of the Golden Triangle economic engine. The city benefits from the broader Golden Triangle region, a manufacturing / research / education hub with more than 500,000 workers within 60 miles. That regional employment base adds non-student demand from households, contractors, small businesses, and relocations—not just campus users.
A market with multiple demand channels, not a one-note story. In addition to the university, Starkville’s economy is supported by research, technology, manufacturing, retail, healthcare, and tourism. The city has also highlighted 50+ new and expanding businesses in recent years, reinforcing the case for long-term population and commercial demand that supports storage occupancy and rental resilience.