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Self-Storage Facility

Airport Storage

3250 N Kings Hwy, Fort Pierce, FL 34951

Listing Price: $1,600,000

Cap Rate
6.53%
Number of Units
201
Occupancy
73.0%
Rentable SF
12,428
Price/Rentable SF
$128.74
Year Built
2000

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Airport Storage located in Fort Pierce, Florida. The facility consists of 201 climate-controlled units totaling 12,428 net rentable square feet. They also have 106 parking spaces available for rent as well as a house/apartment on site. 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. The population within five miles of the facility is 49,419, which represents a 13 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and just two miles away from Treasure Coast International Airport and Business Park. This offers the facility great street frontage and high daily traffic counts of around 16,400 cars per day off North Kings Highway. Airport Storage is being offered for $1.6 million or $128.74 per rentable square foot.

Investment Highlights

  • 12,428 Net Rentable Square Feet
  • 201 Climate-Controlled Units
  • One House/Apartment
  • 106 Parking Spaces
  • On Site Management Office and Managers Apartment

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

Airport Storage

Listing Price: $1,600,000

Cap Rate
6.53%
Number of Units
201
Occupancy
73.0%
Rentable SF
12,428
Price/Rentable SF
$128.74
Year Built
2000

Investment Highlights

  • 12,428 Net Rentable Square Feet
  • 201 Climate-Controlled Units
  • One House/Apartment
  • 106 Parking Spaces
  • On Site Management Office and Managers Apartment

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Airport Storage located in Fort Pierce, Florida. The facility consists of 201 climate-controlled units totaling 12,428 net rentable square feet. They also have 106 parking spaces available for rent as well as a house/apartment on site. 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. The population within five miles of the facility is 49,419, which represents a 13 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and just two miles away from Treasure Coast International Airport and Business Park. This offers the facility great street frontage and high daily traffic counts of around 16,400 cars per day off North Kings Highway. Airport Storage is being offered for $1.6 million or $128.74 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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