Self-Storage Facility

U - Store - It Rent A Space

6462 San Casa Dr, Englewood, FL 34224

Listing Price: $1,875,000

Cap Rate
6.51%
Number of Units
234
Occupancy
86.1%
Gross SF
18,384
Rentable SF
18,384
Price/Rentable SF
$101.99
Year Built
1975

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale U-Store-It Rent A Space located at in Englewood, Florida. The facility currently features 161 climate controlled units and 73 non-climate-controlled units totaling 18,384 net rentable square feet. Additionally, there are three outdoor parking spaces available for rent. The facility opened in 1975, was expanded in 1977, 1983 and 1986. The facility has had strong historical occupancy rates and is currently 100 percent physically occupied. The facility has an on-site professional management office and 24-hour video surveillance.

This property benefits from great street frontage and high daily traffic counts of around 8,500 cars per day. It is surrounded by many restaurants, retail stores, businesses and neighborhoods. There is also a Walmart Supercenter right next door which contributes to lots of street traffic.

U-Store-It Rent A Space is being offered for $1,875,000 or $101.99 per rentable square foot.

Investment Highlights

  • 100 Percent Physically Occupied
  • 18,384 Net Rentable Square Feet
  • 161 Climate Controlled Units
  • 73 Non-Climate Controlled Units
  • Three Outdoor Parking Spaces

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    License(s): FL: BK3154667

    Florida

Self-Storage Facility

U - Store - It Rent A Space

Listing Price: $1,875,000

Cap Rate
6.51%
Number of Units
234
Occupancy
86.1%
Gross SF
18,384
Rentable SF
18,384
Price/Rentable SF
$101.99
Year Built
1975

Investment Highlights

  • 100 Percent Physically Occupied
  • 18,384 Net Rentable Square Feet
  • 161 Climate Controlled Units
  • 73 Non-Climate Controlled Units
  • Three Outdoor Parking Spaces

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale U-Store-It Rent A Space located at in Englewood, Florida. The facility currently features 161 climate controlled units and 73 non-climate-controlled units totaling 18,384 net rentable square feet. Additionally, there are three outdoor parking spaces available for rent. The facility opened in 1975, was expanded in 1977, 1983 and 1986. The facility has had strong historical occupancy rates and is currently 100 percent physically occupied. The facility has an on-site professional management office and 24-hour video surveillance.

This property benefits from great street frontage and high daily traffic counts of around 8,500 cars per day. It is surrounded by many restaurants, retail stores, businesses and neighborhoods. There is also a Walmart Supercenter right next door which contributes to lots of street traffic.

U-Store-It Rent A Space is being offered for $1,875,000 or $101.99 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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