Skip to main content

Self-Storage Facility

Stor-Ette Storage

16031 US-301, Dade City, FL 33523

Listing Price: $7,250,000

Cap Rate
6.12%
Number of Units
443
Occupancy
91.8%
Gross SF
42,125
Rentable SF
42,125
Price/Rentable SF
$172.11
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Stor-Ette Storage located in Dade City, Florida. The facility consists of 95 climate controlled units, 287 non-climate controlled units, and 61 portable units, totaling 42,125 net rentable square feet. The property also contains 16 outdoor parking spaces. This is a stabilized cash flowing facility that is currently 92 percent physically occupied. The property features a keypad gated entry, an on-site management office, and 24-hour video surveillance.

The location of this facility is 1.8 miles north of Dade City and benefits from a growing surrounding population. The population within five miles of the facility has increased 26 percent since 2000 and is expected to continue to grow over the next five years. They are located on a busy street and are surrounded by lots of residential neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 23,000 cars per day off US Highway 301.

Stor-Ette Storage is being offered for $7.25 million or $172.11 per rentable square foot.

Investment Highlights

  • 42,125 Net Rentable Square Feet
  • 95 Climate Controlled Units | 287 Non-Climate Controlled Units
  • 61 Portable Units |16 Outdoor Parking Spaces
  • 30 Year U-Haul Business
  • Stabilized Facility: 92.64 Percent Physically Occupied

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Self-Storage Facility

Stor-Ette Storage

Listing Price: $7,250,000

Cap Rate
6.12%
Number of Units
443
Occupancy
91.8%
Gross SF
42,125
Rentable SF
42,125
Price/Rentable SF
$172.11
Year Built
1980

Investment Highlights

  • 42,125 Net Rentable Square Feet
  • 95 Climate Controlled Units | 287 Non-Climate Controlled Units
  • 61 Portable Units |16 Outdoor Parking Spaces
  • 30 Year U-Haul Business
  • Stabilized Facility: 92.64 Percent Physically Occupied

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Stor-Ette Storage located in Dade City, Florida. The facility consists of 95 climate controlled units, 287 non-climate controlled units, and 61 portable units, totaling 42,125 net rentable square feet. The property also contains 16 outdoor parking spaces. This is a stabilized cash flowing facility that is currently 92 percent physically occupied. The property features a keypad gated entry, an on-site management office, and 24-hour video surveillance.

The location of this facility is 1.8 miles north of Dade City and benefits from a growing surrounding population. The population within five miles of the facility has increased 26 percent since 2000 and is expected to continue to grow over the next five years. They are located on a busy street and are surrounded by lots of residential neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 23,000 cars per day off US Highway 301.

Stor-Ette Storage is being offered for $7.25 million or $172.11 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

MM Texture Background
MM Textured Background Lower