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Self-Storage Facility

All Storage Marianna & Plaza Del Rio

2944 Penn Ave, Marianna, FL 32448

Listing Price: $4,248,000

Cap Rate
6.00%
Number of Units
141
Occupancy
98.6%
Gross SF
51,028
Rentable SF
46,627
Price/Rentable SF
$91.11
Year Built
1969

Investment Overview

All Storage Marianna and Plaza Del Rio are located in Marianna, Florida. Plaza Del Rio is located at 2944 Penn Avenue and the self-storage facility is located at 2958 Penn Avenue. The 2 properties feature 141 total units, with the All Storage containing 124 drive-up self-storage units and Plaza Del Rio holding 17 office suites between the 2 locations. Situated on 2 adjacent parcels totaling 10.69 acres, the property has been locally owned & operated since 2005. All Storage Marianna and Plaza Del Rio have a history of high occupancies and are currently 99% occupied. Marianna is located in central Jackson County and is the county seat. U.S. Route 90 passes through the center of town as Lafayette Street, leading east 14 miles to Grand Ridge and west 9 miles to Cottondale. Interstate 10 also passes through the southern end of the city, leading east 65 miles to Tallahassee, the state capital, and west 130 miles to Pensacola. Jackson County is the only county in Florida that borders both Georgia and Alabama. The County is in the Central Standard Time Zone. Its eastern border with Gadsden County forms the boundary in this area between the Central Standard and Eastern Standard Time Zones.

Investment Highlights

  • Self-Storage, Office Suite & Plaza Facility Located in Marianna, Florida
  • 141 Total Units: 124 Self-Storage Units & 17 Office Suites | Variety of Unit Sizes Available
  • Situated on 2 Adjacent Parcels Totaling 10.69 Acres
  • History of High Occupancies | Currently 99% Occupied
  • Locally Owned & Operated SincLocally Owned & Operated Since 2005
  • Weatherproof Storage Provides Protection of Tenant Property
  • Facility Access 7 Days a Week & 24-Hours a Day
  • On-Site Sales Office

Exclusively Listed By

Self-Storage Facility

All Storage Marianna & Plaza Del Rio

Listing Price: $4,248,000

Cap Rate
6.00%
Number of Units
141
Occupancy
98.6%
Gross SF
51,028
Rentable SF
46,627
Price/Rentable SF
$91.11
Year Built
1969

Investment Highlights

  • Self-Storage, Office Suite & Plaza Facility Located in Marianna, Florida
  • 141 Total Units: 124 Self-Storage Units & 17 Office Suites | Variety of Unit Sizes Available
  • Situated on 2 Adjacent Parcels Totaling 10.69 Acres
  • History of High Occupancies | Currently 99% Occupied
  • Locally Owned & Operated SincLocally Owned & Operated Since 2005
  • Weatherproof Storage Provides Protection of Tenant Property
  • Facility Access 7 Days a Week & 24-Hours a Day
  • On-Site Sales Office

Investment Overview

All Storage Marianna and Plaza Del Rio are located in Marianna, Florida. Plaza Del Rio is located at 2944 Penn Avenue and the self-storage facility is located at 2958 Penn Avenue. The 2 properties feature 141 total units, with the All Storage containing 124 drive-up self-storage units and Plaza Del Rio holding 17 office suites between the 2 locations. Situated on 2 adjacent parcels totaling 10.69 acres, the property has been locally owned & operated since 2005. All Storage Marianna and Plaza Del Rio have a history of high occupancies and are currently 99% occupied. Marianna is located in central Jackson County and is the county seat. U.S. Route 90 passes through the center of town as Lafayette Street, leading east 14 miles to Grand Ridge and west 9 miles to Cottondale. Interstate 10 also passes through the southern end of the city, leading east 65 miles to Tallahassee, the state capital, and west 130 miles to Pensacola. Jackson County is the only county in Florida that borders both Georgia and Alabama. The County is in the Central Standard Time Zone. Its eastern border with Gadsden County forms the boundary in this area between the Central Standard and Eastern Standard Time Zones.

Exclusively Listed By

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