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Self-Storage Facility

Dunn Avenue Storage

2188 Dunn Ave, Jacksonville, FL 32218

Listing Price: $22,500,000

Cap Rate
4.50%
Number of Units
635
Occupancy
99.0%
Rentable SF
71,660
Price/Rentable SF
$313.98
Year Built
2008

Investment Overview

Marcus & Millichap is pleased to offer for sale Dunn Avenue Storage located in Jacksonville, Florida. The facility consists of 464 climate-controlled units and 171 non-climate-controlled units totaling 71,660 net rentable square feet. This is a stabilized and cash-flowing facility that is currently 99 percent physically occupied. The property is fully fenced with 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 just 10 miles from downtown Jacksonville. The population within five miles of the facility is 97,049, which represents a 20 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by residential neighborhoods, retail stores, restaurants, hospitals, banks, and so much more. The property is also less than five miles away from Florida State College at Jacksonville, Jacksonville Zoo and Gardens, an Amazon delivery hub and warehouse, and popular stores such as, Walmart Supercenter, Publix Super Market, and The Home Depot. This offers the facility great street frontage and high daily traffic counts of around 18,400 cars per day. Dunn Avenue Storage is being offered for $22.5 million or $313.98 per rentable square foot.

Investment Highlights

  • Jacksonville, Florida Self-Storage Offering
  • Four-Story, Class-A Facility
  • 71,660 Net Rentable Square Feet
  • 464 Climate-Controlled Units | 171 Non-Climate Controlled Units
  • Stabilized Facility: 99 Percent Physical Occupancy

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Dunn Avenue Storage

Listing Price: $22,500,000

Cap Rate
4.50%
Number of Units
635
Occupancy
99.0%
Rentable SF
71,660
Price/Rentable SF
$313.98
Year Built
2008

Investment Highlights

  • Jacksonville, Florida Self-Storage Offering
  • Four-Story, Class-A Facility
  • 71,660 Net Rentable Square Feet
  • 464 Climate-Controlled Units | 171 Non-Climate Controlled Units
  • Stabilized Facility: 99 Percent Physical Occupancy

Investment Overview

Marcus & Millichap is pleased to offer for sale Dunn Avenue Storage located in Jacksonville, Florida. The facility consists of 464 climate-controlled units and 171 non-climate-controlled units totaling 71,660 net rentable square feet. This is a stabilized and cash-flowing facility that is currently 99 percent physically occupied. The property is fully fenced with 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 just 10 miles from downtown Jacksonville. The population within five miles of the facility is 97,049, which represents a 20 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by residential neighborhoods, retail stores, restaurants, hospitals, banks, and so much more. The property is also less than five miles away from Florida State College at Jacksonville, Jacksonville Zoo and Gardens, an Amazon delivery hub and warehouse, and popular stores such as, Walmart Supercenter, Publix Super Market, and The Home Depot. This offers the facility great street frontage and high daily traffic counts of around 18,400 cars per day. Dunn Avenue Storage is being offered for $22.5 million or $313.98 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

Financing By

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