Self-Storage Facility
Jumbo RV & Boat Storage
1158 8th Ave W, Palmetto, FL 34221
Listing Price: $3,045,780
Cap Rate
5.30%
Number of Units
26
Occupancy
100.0%
Rentable SF
19,500
Price/Rentable SF
$156.19
Year Built
2017
Investment Overview
19,500 SF RV & Boat Storage Facility in Palmetto, FL.
Jumbo RV & Boat Storage
Investment Highlights
- 19,500 SF RV & Boat Storage Facility | 100% Occupied with a Current Wait List
- Subject Property Features 26 Fully-Enclosed RV & Boat Storage Units | See Page 7 for a List of Full Services
- Significant Upside Through Below Market Rents | Currently 35% Below Market on Average
- Developer Individually Addressed Units to Allow Future Condominium Conversion; USPS Approved Mailboxes Provided
- Situated on 1.32 Acres Adjacent to Dollar Tree, UPS Store, Pizza Hut, and Take 5 Oil Change (Coming Soon)
- Tenant's That Store Their RV's and Boats at Jumbo Storage Come From Manatee County and Pinellas County
- Located 1 Mile From South Tamiami Trail | 62,000 AADT
- Surrounded by Numerous National Tenants Including; Publix, Wal-Mart Supercenter, Winn Dixie, ALDI, CVS, Etc
Listing Price: $3,045,780
Cap Rate
5.30%
Number of Units
26
Occupancy
100.0%
Rentable SF
19,500
Price/Rentable SF
$156.19
Year Built
2017
Investment Highlights
- 19,500 SF RV & Boat Storage Facility | 100% Occupied with a Current Wait List
- Subject Property Features 26 Fully-Enclosed RV & Boat Storage Units | See Page 7 for a List of Full Services
- Significant Upside Through Below Market Rents | Currently 35% Below Market on Average
- Developer Individually Addressed Units to Allow Future Condominium Conversion; USPS Approved Mailboxes Provided
- Situated on 1.32 Acres Adjacent to Dollar Tree, UPS Store, Pizza Hut, and Take 5 Oil Change (Coming Soon)
- Tenant's That Store Their RV's and Boats at Jumbo Storage Come From Manatee County and Pinellas County
- Located 1 Mile From South Tamiami Trail | 62,000 AADT
- Surrounded by Numerous National Tenants Including; Publix, Wal-Mart Supercenter, Winn Dixie, ALDI, CVS, Etc
Investment Overview
19,500 SF RV & Boat Storage Facility in Palmetto, FL.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
