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Self-Storage Facility

Swift Self Storage

6424 14th St W, Bradenton, FL 34207

Listing Price: $18,875,000

Cap Rate
3.00%
Number of Units
873
Occupancy
60.0%
Gross SF
65,700
Rentable SF
65,700
Price/Rentable SF
$287.29
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to offer for sale Swift Self Storage located in Bradenton, Florida. Swift Self Storage is a brand new, class A self-storage facility that features 873 climate-controlled units totaling 65,700 net rentable square feet. They are quickly leasing up and are already currently 31 percent physically occupied. The property is fully fenced with an on-site professional management office, 24-hour video surveillance, and private access codes.

The location of this facility benefits from an extremely dense and growing surrounding population and is just eight miles from Sarasota and about 40 miles south of Tampa. There are currently 171,796 people living within a five-mile radius of the facility which represents a 18% increase since 2000, and it is expected to continue to grow over the next five years. The property is conveniently located off 14th Street with easy access to and from US-41. The facility is surrounded by many lots of residential neighborhoods, retail stores, restaurants, schools, banks, offices, golf courses, and much more. It is also just minutes from Pro Guard Auto Products, Magnuson Hotel Bradenton, and Suncoast College of Health. This offers the facility great street frontage and high daily traffic counts of around 45,500 cars per day.

Swift Self Storage is being offered for $18,875,000 or $287.29 per rentable square foot.

Investment Highlights

  • Brand New, All Climate-Controlled, State-of-the-Art Facility
  • 65,700 Net Rentable Square Feet
  • 873 Climate-Controlled Units
  • Opened January 2021 - Already 31 Percent Physically Occupied
  • All Drive Up Units With Easy Access for Unloading and Loading

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Self-Storage Facility

Swift Self Storage

Listing Price: $18,875,000

Cap Rate
3.00%
Number of Units
873
Occupancy
60.0%
Gross SF
65,700
Rentable SF
65,700
Price/Rentable SF
$287.29
Year Built
2020

Investment Highlights

  • Brand New, All Climate-Controlled, State-of-the-Art Facility
  • 65,700 Net Rentable Square Feet
  • 873 Climate-Controlled Units
  • Opened January 2021 - Already 31 Percent Physically Occupied
  • All Drive Up Units With Easy Access for Unloading and Loading

Investment Overview

Marcus & Millichap is pleased to offer for sale Swift Self Storage located in Bradenton, Florida. Swift Self Storage is a brand new, class A self-storage facility that features 873 climate-controlled units totaling 65,700 net rentable square feet. They are quickly leasing up and are already currently 31 percent physically occupied. The property is fully fenced with an on-site professional management office, 24-hour video surveillance, and private access codes.

The location of this facility benefits from an extremely dense and growing surrounding population and is just eight miles from Sarasota and about 40 miles south of Tampa. There are currently 171,796 people living within a five-mile radius of the facility which represents a 18% increase since 2000, and it is expected to continue to grow over the next five years. The property is conveniently located off 14th Street with easy access to and from US-41. The facility is surrounded by many lots of residential neighborhoods, retail stores, restaurants, schools, banks, offices, golf courses, and much more. It is also just minutes from Pro Guard Auto Products, Magnuson Hotel Bradenton, and Suncoast College of Health. This offers the facility great street frontage and high daily traffic counts of around 45,500 cars per day.

Swift Self Storage is being offered for $18,875,000 or $287.29 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

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