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Self-Storage Facility

Lakeland Self Storage

2326 W Memorial Blvd, Lakeland, FL 33815

Listing Price: $3,725,000

Cap Rate
6.01%
Number of Units
257
Occupancy
85.0%
Gross SF
29,098
Rentable SF
29,098
Price/Rentable SF
$128.02
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Lakeland Self Storage located at 2326 West Memorial Boulevard and 2008 West Olive Street in Lakeland, Florida. The two facilities are located approximately one mile apart. The two facilities feature 27 climate-controlled units and 230 non-climate-controlled units that combined make up 29,028 net rentable square feet. The first facility opened in 1970, followed by the second facility in 2005. The two facilities are situated on a combined 2.73 acres of land.

Investment Highlights

  • Central Florida Stabilized Self-Storage Two Property Portfolio with Upside
  • Two Facilities Located One Mile Apart in Rapidly Growing Lakeland
  • 29,098 Net Rentable Square Feet | 257 Total Units
  • Below Market Rents

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

Lakeland Self Storage

Listing Price: $3,725,000

Cap Rate
6.01%
Number of Units
257
Occupancy
85.0%
Gross SF
29,098
Rentable SF
29,098
Price/Rentable SF
$128.02
Year Built
1970

Investment Highlights

  • Central Florida Stabilized Self-Storage Two Property Portfolio with Upside
  • Two Facilities Located One Mile Apart in Rapidly Growing Lakeland
  • 29,098 Net Rentable Square Feet | 257 Total Units
  • Below Market Rents

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Lakeland Self Storage located at 2326 West Memorial Boulevard and 2008 West Olive Street in Lakeland, Florida. The two facilities are located approximately one mile apart. The two facilities feature 27 climate-controlled units and 230 non-climate-controlled units that combined make up 29,028 net rentable square feet. The first facility opened in 1970, followed by the second facility in 2005. The two facilities are situated on a combined 2.73 acres of land.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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