Simple Storage Lafayette MSA

Simple Storage Facility for Sale | Lafayette MSA, Abbeville, LA

Investment Overview: Prime Value-Add Self-Storage Opportunity

SVN and SelfStorageSales.com are pleased to present an exclusive opportunity to acquire Simple Storage, a highly lucrative, value-add self-storage facility located within the rapidly expanding Lafayette Metropolitan Statistical Area (MSA)—the fastest-growing region in Louisiana.

Priced at $1,500,000, this premier industrial commercial property features a total building size of 22,420 SF on an expansive lot. Positioned perfectly in the high-traffic commercial heart of Abbeville, the facility sits directly behind a high-volume Walgreens and adjacent to a busy local nursing home and a dense apartment complex, ensuring a steady, built-in customer base.

Key Property Features & Strategic Upgrades

This versatile facility is designed for streamlined, low-overhead operations and high-yield returns, featuring a mix of traditional storage, premium climate-controlled units, and on-site residential real estate:

• Total Storage Footprint: 22,100 SF of dedicated storage space.

• Non-Climate Storage: 12,400 SF of highly demanded standard drive-up units.

• Brand New Climate-Controlled Conversion: A freshly completed 8,200 SF warehouse conversion introducing 67 brand-new climate-controlled units, perfectly positioning the asset to capture premium rental rates.

• On-Site Manager's Apartment: A spacious 1,500 SF, 3-bedroom apartment, ideal for an on-site property manager or to generate secondary rental income.

• Operational Efficiency: The entire facility is fully fenced and strategically configured with a remote management system and a secure manual gate, allowing for highly efficient, low-labor operations.

Market Insights & Value-Add Potential

What makes this Abbeville self-storage facility an exceptional investment is the highly favorable local supply-and-demand dynamic.

Critical Market Data: The property benefits from a remarkably low storage saturation rate of just 6.7 SF per capita within a 5-mile radius. Compared to national averages, this indicates a clear under-supply of self-storage options in the immediate area.

Combined with its prime retail-adjacent location, high visibility, and the newly completed climate-control expansion, a savvy investor has an immediate path to increase Net Operating Income (NOI) through aggressive lease-up and strategic rate optimization.

Location Highlights & Regional Economy

Abbeville serves as the historic county seat of Vermilion Parish and functions as a vital agricultural, industrial, and trade hub. Located just 60 miles southwest of Baton Rouge and 150 miles west of New Orleans, the surrounding Lafayette MSA boasts a booming population of nearly 500,000 residents.

• High-Traffic Visibility: Located just off Veterans Memorial Drive, exposing the property to an impressive traffic count of over 17,000 vehicles per day.

• Strong Demographics: Features a robust local population of over 15,000 people within a tight 3-mile radius.

• Diverse Economic Base: Abbeville’s economy is anchored by agricultural processing (rice, sugarcane, and dairy), local manufacturing, and a famous culinary tourism scene. Crucially, the region serves as a major service hub for the offshore oil and natural gas fields in the Gulf of Mexico.