Five Mile Storage – Fredricksburg, VA

By: The Storage Acquisition Group

The Storage Acquisition Group (TSAG) is pleased to announce the closing of Five Mile Storage. The facility is located at 12220 5 Mile Road.   Five Mile Storage, operating as an Extra Space, offers 50,035 net rentable square feet across 617 units.  The facility offers both climate and non-climate-controlled space, 14 parking spaces and is conveniently located on 4.58 acres of land.

The transaction was negotiated by David Spencer, Vice President and Senior Advisor with The Storage Acquisition Group and Executive Advisor with Spencer Commercial Group (based in Decatur, GA, and brokered by eXp Commercial) and TSAG CEO & President Cowles M. “Monty” Spencer, Jr.

The Storage Acquisition Group specializes in purchasing storage facilities and portfolios nationwide.   Uniquely, they allow owners to sell direct without having to list their facility. With their 4-tiered approach, Market Analysis, Acquisitions, Underwriting, & Closing Support, The Storage Acquisition Group is able to help owners navigate a simple sales process while netting the highest possible profit.