Self-Storage Facility
Downtown Storage Pensacola
908 E Wright St, Pensacola, FL 32501
Listing Price: $1,750,000
Investment Overview
The Gorman Self Storage Group of Marcus & Millichap is pleased to exclusively present Downtown Storage Pensacola, a stabilized self-storage investment opportunity located in the heart of Pensacola. The property benefits from a highly desirable infill location surrounded by significant residential growth, with more than 15 multifamily and single-family housing developments planned or under construction within a five-mile radius. The facility features strong in-place rental rates and consistent cash flow, providing investors with immediate income and operational stability. Additionally, the property's proximity to Naval Air Station Pensacola supports a diverse and recurring tenant base. With average household incomes exceeding $107,000 within a one-mile radius and opportunities to further optimize revenue management, Downtown Storage Pensacola offers investors both durable cash flow and future upside potential in one of Northwest Florida's strongest growth markets.
Listing Price: $1,750,000
Investment Highlights
- 13,100 NRSF of All CC Storage
- Over $107,000 Avg HH Income (1-Mi)
- Strong In-Place Rental Rates ($17.63/sf)
- Revenue Management Upside
- Recent CapEx Improvements
- Multiple Multifamily Developments Within 5-Mi
Investment Overview
The Gorman Self Storage Group of Marcus & Millichap is pleased to exclusively present Downtown Storage Pensacola, a stabilized self-storage investment opportunity located in the heart of Pensacola. The property benefits from a highly desirable infill location surrounded by significant residential growth, with more than 15 multifamily and single-family housing developments planned or under construction within a five-mile radius. The facility features strong in-place rental rates and consistent cash flow, providing investors with immediate income and operational stability. Additionally, the property's proximity to Naval Air Station Pensacola supports a diverse and recurring tenant base. With average household incomes exceeding $107,000 within a one-mile radius and opportunities to further optimize revenue management, Downtown Storage Pensacola offers investors both durable cash flow and future upside potential in one of Northwest Florida's strongest growth markets.
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