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Self-Storage Facility

Copper Safe Storage

2503 FL-11, DeLand, FL 32724

Listing Price: $4,700,000

Cap Rate
0.53%
Number of Units
313
Occupancy
40.0%
Gross SF
42,840
Rentable SF
42,840
Price/Rentable SF
$109.71
Year Built
2021

Investment Overview

Marcus and Millichap is pleased to present Copper Safe Storage in Deland Florida. Located on FL-11 this new facility has 313 non-climate units and 42,840 rentable square feet. Copper Storage Solutions management offers fully automated, unattended self-storage management solutions for self-storage facility owners and operators. This Class A facility was designed and built by the Copper family and sits on 4.97 +/- acres. Deland is leasing up at a very fast pace. The facility opened May 19th of this year. The current occupancy is already at 34% and climbing. This is due to the high market occupancy, online presence, and excellent call center. The current owners will continue to manage at a very favorable rate or a new buyer may elect to run it themselves.

Investment Highlights

  • New Class A Storage Facility
  • 34% Occupancy in Four Months
  • 42,840 RSF

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Self-Storage Facility

Copper Safe Storage

Listing Price: $4,700,000

Cap Rate
0.53%
Number of Units
313
Occupancy
40.0%
Gross SF
42,840
Rentable SF
42,840
Price/Rentable SF
$109.71
Year Built
2021

Investment Highlights

  • New Class A Storage Facility
  • 34% Occupancy in Four Months
  • 42,840 RSF

Investment Overview

Marcus and Millichap is pleased to present Copper Safe Storage in Deland Florida. Located on FL-11 this new facility has 313 non-climate units and 42,840 rentable square feet. Copper Storage Solutions management offers fully automated, unattended self-storage management solutions for self-storage facility owners and operators. This Class A facility was designed and built by the Copper family and sits on 4.97 +/- acres. Deland is leasing up at a very fast pace. The facility opened May 19th of this year. The current occupancy is already at 34% and climbing. This is due to the high market occupancy, online presence, and excellent call center. The current owners will continue to manage at a very favorable rate or a new buyer may elect to run it themselves.

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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