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Self-Storage Facility

Storage King USA - Sarasota

6720 S Tamiami Trail, Sarasota, FL 34231

Listing Price: $7,050,000

Cap Rate
5.59%
Number of Units
408
Occupancy
85.0%
Rentable SF
30,514
Price/Rentable SF
$231.04
Year Built
1984

Investment Overview

Marcus & Millichap is pleased to offer for sale the Storage King USA 2 Property Portfolio located in Orlando and Sarasota, Florida. These properties can be purchased together or separately. The two sites combine to feature 82,189 net rentable square feet with a combined total of 809 units featuring a mix of climate controlled units, non-climate controlled units, parking, and mailboxes. The Orlando location has an on-site, live-in managers apartment as well. Both sites have strong traffic counts as well as large and growing surrounding populations.

Investment Highlights

  • Orlando and Sarasota, Florida Two Property Self-Storage Portfolio
  • Can be Sold Together or Separately
  • 82,189 Combined Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, Parking Spaces, and Mailboxes
  • Excellent Locations and Street Frontage

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

Storage King USA - Sarasota

Listing Price: $7,050,000

Cap Rate
5.59%
Number of Units
408
Occupancy
85.0%
Rentable SF
30,514
Price/Rentable SF
$231.04
Year Built
1984

Investment Highlights

  • Orlando and Sarasota, Florida Two Property Self-Storage Portfolio
  • Can be Sold Together or Separately
  • 82,189 Combined Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, Parking Spaces, and Mailboxes
  • Excellent Locations and Street Frontage

Investment Overview

Marcus & Millichap is pleased to offer for sale the Storage King USA 2 Property Portfolio located in Orlando and Sarasota, Florida. These properties can be purchased together or separately. The two sites combine to feature 82,189 net rentable square feet with a combined total of 809 units featuring a mix of climate controlled units, non-climate controlled units, parking, and mailboxes. The Orlando location has an on-site, live-in managers apartment as well. Both sites have strong traffic counts as well as large and growing surrounding populations.

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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