Self-Storage Facility

Interstate Mini Storage

2707 SW 40th Blvd, Gainesville, FL 32608

Listing Price: $12,000,000

Cap Rate
5.00%
Number of Units
831
Occupancy
71.3%
Gross SF
106,883
Rentable SF
106,883
Price/Rentable SF
$112.27
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to offer for sale Interstate Mini Storage located in Gainesville, Florida. This property features 518 climate-controlled units and 313 non-climate units, totaling 106,883 net rentable square feet. They also offer 63 parking spaces for rent. The facility consists of 21 buildings throughout 12.26 acres of land. The facility has an on-site management office and 24-hour video surveillance.

The location of this facility benefits from a dense and growing surrounding population and is about two and a half miles south-west of The University of Florida. It is located right off Interstate 75 and is surrounded by many restaurants, retail stores, businesses, and neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 78,000 cars per day.

Interstate Mini Storage is being offered for $12,000,000 or $112.27 per rentable square foot.

Investment Highlights

  • Gainesville, Florida Self Storage Offering
  • 106,883 Net Rentable Square Feet
  • 83 Percent Physically Occupied
  • On-Site Professional Management Office and Live-In Apartment
  • Room for Expansion

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

Self-Storage Facility

Interstate Mini Storage

Listing Price: $12,000,000

Cap Rate
5.00%
Number of Units
831
Occupancy
71.3%
Gross SF
106,883
Rentable SF
106,883
Price/Rentable SF
$112.27
Year Built
1983

Investment Highlights

  • Gainesville, Florida Self Storage Offering
  • 106,883 Net Rentable Square Feet
  • 83 Percent Physically Occupied
  • On-Site Professional Management Office and Live-In Apartment
  • Room for Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale Interstate Mini Storage located in Gainesville, Florida. This property features 518 climate-controlled units and 313 non-climate units, totaling 106,883 net rentable square feet. They also offer 63 parking spaces for rent. The facility consists of 21 buildings throughout 12.26 acres of land. The facility has an on-site management office and 24-hour video surveillance.

The location of this facility benefits from a dense and growing surrounding population and is about two and a half miles south-west of The University of Florida. It is located right off Interstate 75 and is surrounded by many restaurants, retail stores, businesses, and neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 78,000 cars per day.

Interstate Mini Storage is being offered for $12,000,000 or $112.27 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

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