Sarasota Self Storage Development Site$2,700,000874 Units
Self storage development opportunity in Sarasota, Florida. This is a +/-2.83-acre self storage development development site with 311 feet of frontage along 17th Street in a densely populated sector of North Sarasota. The site is less than a mile from US Hwy 301 with over 46,000 cars per day and approximately a mile to downtown Sarasota.
The site is a proposed 3-story 122,955 GSF Class A climate-controlled storage building, including 874 units totaling 92,175 NRSF. Sale is contingent upon Seller providing site plan approval prior to close. Site plan approvals are expected to be received at end of Q2-2024.
Mini Stor All is a great opportunity to purchase a well located, value-add self storage business. The facility is situated in Fargo, ND, with over 200,000 people in the 5-mile radius. Mini Stor All has visibility to over 19,000 vehicles per day and is well positioned to serve the growing area. The facility sits on 4.29 acres with room for expansion through development, portable containers or outdoor parking storage. The property is fenced with a manual gate.
Mini Stor All consists of 42,034 rentable square feet and 399 units of self storage. There is a retail space of 7,850 square feet that has had a consistent tenant for over 10 years. Additionally, there are 13 leased commercial spaces with substantial room to increase rent. This facility has tremendous potential to capitalize on the lack of operational systems and revenue management.
The property is in Lake Havasu City, AZ with a 2-minute drive from Lake Havasu and the Windsor Boat Launch. This city is known as the “personal watercraft capital of the world” with a thriving snowbird and water sport enthusiast community. With the location of this property in such close proximity to Lake Havasu, it’s a great investment for anyone trying to get into the area.
Mesa Premier RV Storage is located along Arizona Loop 202 in Mesa, Arizona. Strategically placed within geographic concentrations of both high-income households and significant amounts of recreational vehicle spending.
The property is fully entitled for development of an RV & Boat Storage. Future projects of this type in Mesa would face substantial difficulty in obtaining necessary development approvals, if possible at all.
Security Storage is a strategically located 3 property self storage portfolio in Cheyenne, WY. The portfolio’s 99,602 RSF is comprised of 725 drive up self-storage units. The 3 properties have easy access and convenient proximity to all of Cheyenne’s residents. The single-story drive-up facilities were constructed between 1993 and 1996 and are concrete drive, fully fenced and well maintained. The portfolio operates at high occupancies year-round – allowing interested buyers to implement ECRIs and revenue management to increase operating income.
Cheyenne, WY, located just 100 miles north of Denver, is a vibrant city where history, culture and natural beauty converge – offering a unique blend of modern amenities and old fashioned charm. Cheyenne embraces its past while looking toward the future, offering a thriving economy, excellent schools and a strong sense of community. With a friendly atmosphere, low cost of living, and strong real estate market, Cheyenne is attractive destination for many. Wyoming is one of the few states with no individual or corporate state income tax.
The Security Storage Portfolio is an excellent opportunity to purchase a large footprint in an attractive and growing market.
Harrisonville Mini Storage is a well-maintained, established facility with outstanding visibility at the well traveled intersection of I-49 and Missouri 7. Originally built in 1983, the facility expanded in 2015 with climate control buildings and has room for expansion.
Over 21,000 vehicles per day drive by the facility on Interstate 49, 12 miles south of the Kansas City Metro. The facility offers potential for additional income through new profit centers such as merchandise sales and commissions on truck rentals and tenant insurance.
CP’s Stor It in West Burlington, Iowa is a fantastic opportunity for an investor to own a self storage facility with the ability to add value through improved operations and expansion. The property consists of 100 units of drive-up self storage totaling 16,064 rentable square feet. There are 20 parking spaces and an on-site office which houses the security system. This value-add opportunity allows the new owner to implement streamlined management, improve the online presence, and grow rent rates and ancillary revenue sources.
CubeSmart Self Storage(3rd Party Managed)$9,950,000664 Units
CubeSmart Self Storage (3rd party managed) is a new Class-A facility which opened on August 23, 2023 (ideally located at Ring Road and Tunnel Hill Road). Excellent traffic counts exceeding 20,000 VPD at the intersection on Ring Road. Strong demographics with average household incomes of $101,000 within a 5-mile radius.
CubeSmart is without question the nicest facility in town and all the competitors are 100% occupied and have been for several years. Excellent construction – Rabco building package and BCMI as the GC.
Excellent 4.73-acre site for self-storage development in Zephyrhills, Florida. The site has over 1,000 feet of access along Chancey Rd. and Paul S. Buchman Hwy with 14,500 cpd traffic counts connecting Dade City and Plant City, Florida.
The proposed building will be 3-story, Class A Climate Controlled Self Storage building with 143,000 GSF. A survey, traffic impact study, as well as geotechnical, environmental and ecological assessments will be provided. Closing will be contingent upon the Seller providing site plan approval expected around the end of the 3rd quarter of 2024.
Beard Storage is a meticulously maintained, four-building facility located in the heart of Sherman, MS.
Sherman is an excellent market with local and neighboring companies such as Toyota Automotive, Ashley Furniture and Mississippi Medical Healthcare. This facility is located next to Dove Creek, a relatively new and growing neighborhood, and it has excellent visibility from MS-178. The property is open, flat and includes an easy-access driveway.
Beard Storage has run a solid business for years and is continually expanding to add more opportunities. This location is ready for the right person to capitalize on its value-add opportunities and take it to the next level. These opportunities include but aren’t limited to: automation, building additional storage units on the pre-zoned land, increasing rental rates, implementing a tenant insurance program, and creating a website/social media marketing platform.
Self-storage development opportunity in Richmond Hill, GA on 3.71 acres. The site has visibility from US-17, with over 21,000 cars per day.
Richmond Hill, GA (Bryan County), a suburb of Savannah, is the fastest growing county in Georgia and the 6th fastest growing county in the Country. Richmond Hill has been growing at 4.92% annually. There has been a growth rate of over 15.52% since the 2020 census. Richmond Hill is located between major metro areas Savannah, GA and Jacksonville, FL. Residential development in the area includes approximately 500 multi-family units and over 1,000 single-family units under various stages of development.
The proposed configuration is a 3-story, 84,269 GSF, climate controlled, Class A self-storage building. The subject property is zoned for use and is site plan approved. Buyer can go straight to construction drawings and permits.
Prime development opportunity along McGregor Blvd. in Fort Myers with proximity to Sanibel and Captiva Island, Punta Rassa and parts of Fort Myers Beach. McGregor Blvd. is a major access road with over 25,000 cars per day, connecting Cape Coral/Fort Myers to the Sanibel/Captiva Islands. This market holds dense residential population with significant recreational areas including several boat ramps and many RV resorts. This site also enjoys convenience to large national retailers such as the Sanibel Outlet Mall, Publix, Walmart Supercenter, Target and more. Lack of developable land in this sub-market, and a strong performing self-storage market (95%+ occ. rate) makes this site an exceptional opportunity.
There are currently over 1,400 residential units under various stages of construction within the immediate market area. Growth in the area is over 8% year over year according to the Census Bureau. Cape Coral, according to the 2020 Census Bureau, has seen a population rise of 30% from the 2010 Census and is the largest city between Tampa and Miami in both population and area. Sanibel Island is a deed restricted community that does not allow for storage of any kind, with the nearest self-storage facility being over 10 miles from its center. The area is a #1 tourist destination in Florida and internationally.
The site is ready for construction drawings/permits to be submitted, as it already has a fully approved Site Plan/Development Order from Lee County for a 101,247 SF, Class A climate-controlled storage building.
