Skip to main content

Self-Storage Facility

Thomas Avenue Self-Storage

1210 Thomas Ave & 2356 Olivet Ave, Leesburg, FL 34748

Listing Price: $2,400,000

Cap Rate
4.87%
Number of Units
131
Occupancy
80.0%
Rentable SF
27,146
Price/Rentable SF
$88.41
Year Built
1974

Investment Overview

Marcus & Millichap is pleased to present for sale Thomas Avenue Self-Storage in Leesbug, Florida. The property features 131 standard storage units, an office and
outdoor RV/Boat parking. Built in 1974 and measuring 27,146 net rentable square feet, Thomas Avenue Self-Storage is currently 80% physically occupied. The facility
features state-of-the-art security monitoring and surveillance systems including a new security fence, new cameras, doors, centralight system, and no key lock system.
Situated on 1.99 acres, a perimeter fence and gated entry provide for additional protection.

Investment Highlights

  • Self-Storage Offering in Desirable Orlando-Kissimmee-Sanford MSA
  • 131 Total Units: Standard Storage Units, Office and Boat/RV Parking | 27,146 NRSF
  • Current Ownership has Spent Over $450K in Recent Cap Ex: 2 New Roofs and a Seal Coating on Other Roofs, New Security Fence, New Cameras, Centralight System, New Doors, and Installation of No Key Lock
  • Security System & Management Software Provide for a Passive Investment Opportunity | Ideal for Investors Not Local to Market
  • Online Rental & Payment Services | All Tenants are Cashless | Minimal Maintenance Required to Turn Storage Units

Exclusively Listed By

Financing By

Self-Storage Facility

Thomas Avenue Self-Storage

Listing Price: $2,400,000

Cap Rate
4.87%
Number of Units
131
Occupancy
80.0%
Rentable SF
27,146
Price/Rentable SF
$88.41
Year Built
1974

Investment Highlights

  • Self-Storage Offering in Desirable Orlando-Kissimmee-Sanford MSA
  • 131 Total Units: Standard Storage Units, Office and Boat/RV Parking | 27,146 NRSF
  • Current Ownership has Spent Over $450K in Recent Cap Ex: 2 New Roofs and a Seal Coating on Other Roofs, New Security Fence, New Cameras, Centralight System, New Doors, and Installation of No Key Lock
  • Security System & Management Software Provide for a Passive Investment Opportunity | Ideal for Investors Not Local to Market
  • Online Rental & Payment Services | All Tenants are Cashless | Minimal Maintenance Required to Turn Storage Units

Investment Overview

Marcus & Millichap is pleased to present for sale Thomas Avenue Self-Storage in Leesbug, Florida. The property features 131 standard storage units, an office and outdoor RV/Boat parking. Built in 1974 and measuring 27,146 net rentable square feet, Thomas Avenue Self-Storage is currently 80% physically occupied. The facility features state-of-the-art security monitoring and surveillance systems including a new security fence, new cameras, doors, centralight system, and no key lock system. Situated on 1.99 acres, a perimeter fence and gated entry provide for additional protection.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower