Skip to main content

Self-Storage Facility

Dogwood Storage

6075 Dogwood Dr, Milton, FL 32570

Listing Price: $11,250,000

Cap Rate
4.59%
Number of Units
670
Occupancy
86.0%
Rentable SF
77,047
Price/Rentable SF
$146.01
Year Built
1981

Investment Overview

Marcus & Millichap is pleased to offer for sale Dogwood Storage located in Milton, Florida. This property was built in 1981 and expanded in 2008 and features 22 climate-controlled units, 566 non-climate units, and one office totaling 77,047 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from a rapidly growing surrounding population. Dogwood Storage sits on 10.92 acres of land and is located about 18 miles north-east of Pensacola, Florida.

Investment Highlights

  • Pensacola MSA Stabilized Self-Storage Offering with Large Upside
  • 77,047 Net Rentable Square Feet | 593 Units Plus Parking
  • Large Expansion Opportunity
  • Plans to Add 51,000 Net Rentable Square Feet of Climate-Controlled Units at the Main Site on Dogwood Drive
  • Three Facilities all About 3.5 Miles from each Other

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Dogwood Storage

Listing Price: $11,250,000

Cap Rate
4.59%
Number of Units
670
Occupancy
86.0%
Rentable SF
77,047
Price/Rentable SF
$146.01
Year Built
1981

Investment Highlights

  • Pensacola MSA Stabilized Self-Storage Offering with Large Upside
  • 77,047 Net Rentable Square Feet | 593 Units Plus Parking
  • Large Expansion Opportunity
  • Plans to Add 51,000 Net Rentable Square Feet of Climate-Controlled Units at the Main Site on Dogwood Drive
  • Three Facilities all About 3.5 Miles from each Other

Investment Overview

Marcus & Millichap is pleased to offer for sale Dogwood Storage located in Milton, Florida. This property was built in 1981 and expanded in 2008 and features 22 climate-controlled units, 566 non-climate units, and one office totaling 77,047 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from a rapidly growing surrounding population. Dogwood Storage sits on 10.92 acres of land and is located about 18 miles north-east of Pensacola, Florida.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

MM Texture Background
MM Textured Background Lower