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Self-Storage Facility

Harris Mini Storage

21901 US-441, Mount Dora, FL 32757

Listing Price: $10,200,000

Cap Rate
4.51%
Number of Units
590
Occupancy
84.5%
Gross SF
77,505
Rentable SF
77,505
Price/Rentable SF
$131.60
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Harris Mini Storage located in Mount Dora, Florida. The facility consists of 130 climate-controlled units and 460 non-climate-controlled units totaling 77,505 net rentable square feet. The facility also offers 82 parking spaces available for rent. This is a stabilized cash flowing facility that is currently 96 percent physically occupied. The property is fully fenced with a keypad, gated entry, an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a rapidly growing surrounding population and is about 30 miles northwest of Orlando. The population within five miles of the facility is 52,676, which represents a 66 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by lots of residential neighborhoods, restaurants, and retail stores. This offers the facility great street frontage and high daily traffic counts of around 32,500 cars per day off U.S. Route 441.

Harris Mini Storage is being offered for $10.2 million or $131.60 per rentable square foot.

Investment Highlights

  • Orlando, Florida MSA Self-Storage Offering
  • 77,505 Net Rentable Square Feet
  • 130 Climate-Controlled Units
  • 460 Non-Climate-Controlled Units
  • 82 Parking Spaces

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Harris Mini Storage

Listing Price: $10,200,000

Cap Rate
4.51%
Number of Units
590
Occupancy
84.5%
Gross SF
77,505
Rentable SF
77,505
Price/Rentable SF
$131.60
Year Built
1989

Investment Highlights

  • Orlando, Florida MSA Self-Storage Offering
  • 77,505 Net Rentable Square Feet
  • 130 Climate-Controlled Units
  • 460 Non-Climate-Controlled Units
  • 82 Parking Spaces

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Harris Mini Storage located in Mount Dora, Florida. The facility consists of 130 climate-controlled units and 460 non-climate-controlled units totaling 77,505 net rentable square feet. The facility also offers 82 parking spaces available for rent. This is a stabilized cash flowing facility that is currently 96 percent physically occupied. The property is fully fenced with a keypad, gated entry, an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a rapidly growing surrounding population and is about 30 miles northwest of Orlando. The population within five miles of the facility is 52,676, which represents a 66 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by lots of residential neighborhoods, restaurants, and retail stores. This offers the facility great street frontage and high daily traffic counts of around 32,500 cars per day off U.S. Route 441.

Harris Mini Storage is being offered for $10.2 million or $131.60 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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