Investment Overview

StoragePUP of Panama City is a 28,705 SF self-storage facility located at 4215 US-231 in Panama City, Florida, positioned along one of the area’s primary commercial corridors. The property operates as a mobile self-storage facility consisting of 110 portable storage units and currently generates approximately $125,274 in annual net operating income. The asset is being offered at a 10.4% cap rate, presenting investors with an opportunity to acquire a cash-flowing storage property at an attractive yield relative to traditional self-storage assets. Unlike conventional facilities, the property utilizes portable storage containers that can be delivered directly to customers, allowing tenants to load items at their home or business before the container is transported or stored on-site. This operating model expands the potential customer base and allows the property to serve a variety of storage needs, including residential moves, home renovations, contractor equipment storage, and business inventory overflow. The property benefits from strong visibility and accessibility along US-231, which sees traffic counts exceeding 30,000 vehicles per day and serves as a major north–south thoroughfare through the Panama City market. Additionally, the surrounding area continues to experience population and household growth, with nearly 10% projected population growth within a one-mile radius over the next five years. Combined with the flexible mobile storage model and strong roadway exposure, StoragePUP of Panama City offers investors a differentiated storage asset positioned within the growing Florida Panhandle market.