2503 FL-State Rd 11 - Self-Storage Facilities FOR SALE


Deland, FL 32724- Outer Deland/Deltona
$4,600,000 USD
678-576-1780
2503 FL-State Rd 11, Deland, FL for Sale
$4,600,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | 2.29% Cap Rate

2503 FL-State Rd 11
Deland, FL 32724
Outer Deland/Deltona


HIGHLIGHTS

  • Strong traffic counts as the facility has visibility from Hwy 17 and State Road 11, seeing over 29,000 vehicles per day
  • Very strong population growth projected in the coming five years at 2.10% annually
  • Substantial residential development activity in the pipeline, with 34 housing developments totaling approximately 4,200+ units
  • Lease up deal being offered at only $107 per rentable foot, which is very attractive for recently built climate and non-climate controlled product
  • High quality facility built in 2021 totaling ±42,890 NRSF across 310 non-climate controlled units
  • Two closest competitors currently advertising rents over $19 per foot on average

OVERVIEW

Broker of Record Kyle Matthews License # CQ1066435 (FL) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

2.29%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Personal Mini Storage (Managed)

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.97 AC

LAND SF

216,493 SF

ZONING

-

APN/PARCEL ID

6033-00-00-0430

ASK ABOUT THIS PROPERTY

Austin McLeodMatthews Real Estate Investment ServicesMore Info
678-576-1780

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Austin McLeodMatthews Real Estate Investment ServicesMore Info
678-576-1780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.