Extra Space Storage | Brunswick, GA

Property Address: 704 Mall Blvd, Brunswick, GA 31525

Oakside is pleased to present Extra Space Storage, a 542-unit, 57,075 NRSF institutional-quality self-storage facility located at 704 Mall Blvd in Brunswick, Georgia, the county seat of Glynn County and the primary economic hub of the Golden Isles region. Built in 2023, the property sits along Golden Isles Parkway (22,500 VPD) within Brunswick's dominant retail corridor, directly adjacent to the 502,792 SF Glynn Place Mall and minutes from I-95, major national retailers, and the region's leading employers. The facility features modern construction, climate-controlled units, covered drive-thru loading, advanced 24/7 security, and a diversified unit mix spanning interior and drive-up climate-controlled storage, conditioned lockers, non-climate drive-up units, and RV/boat parking. Currently 91% physically occupied but only 70% economically occupied, with in-place rents roughly 15% below market, the asset delivers investors immediate, stabilized cash flow alongside meaningful upside through rate optimization, continued lease-up, and additional on-site expansion potential across the 3.21-acre site.

INVESTMENT HIGHLIGHTS

• 542 total units across 57,075 NRSF on approximately 3.21 acres, built in 2023, one of the newest and highest-quality storage assets in the Brunswick market
• Diverse unit mix including interior and drive-up climate-controlled storage, conditioned lockers, non-climate drive-up units, and RV/boat parking, designed to capture multiple tenant profiles and coastal Georgia demand drivers
• Highly visible location along Golden Isles Parkway (22,500 VPD) within Brunswick's primary retail and commercial corridor, adjacent to Glynn Place Mall and near I-95 connectivity
• Clear in-place upside: 91% physically occupied yet only 70% economically occupied, with rents approximately 15% below market, offering immediate cash flow and a defined runway for rate growth
• Modern, premium construction with climate control, covered drive-thru loading, advanced 24/7 surveillance, and identified expansion potential to add lockers and additional units
• Anchored by a deep regional employment base, including the Federal Law Enforcement Training Center (1,000+ employees), Southeast Georgia Health System, Georgia-Pacific, and Gulfstream Aerospace, plus tourism demand from St. Simons Island, Sea Island, and Jekyll Island
• Strong surrounding demographics with median household incomes of approximately $50,779, $57,994, and $60,095 within 1, 3, and 5-mile radii, and a 5-mile population of roughly 48,000