Updated Aug 11, 2026
Lock & Go Self Storage Sold In Hickory, NC With Hal H. Tanner III Representing Seller
4897 North Carolina Highway 127
Units
71
Asset Type
Self Storage
Closing
Aug 10, 2026
About this deal
AI
The property asset involved in this transaction is Lock & Go Self Storage, located at 4897 North Carolina Highway 127, Hickory, NC. This self-storage facility encompasses 71 drive-up self-storage units on a 2.64-acre site, situated within a stable secondary market for storage in Hickory.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Units: 71
- Acres: 2.64
- Broker: Hal H. Tanner III
- Broker Agency: Midcoast Properties
- Market: Hickory, NC
This transaction saw a regional real estate investor purchase the storage facility, with Hal H. Tanner III representing the seller. The deal reflects ongoing interest in self-storage assets within the local market.
On the Map
Self Storage
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Hickory Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93