5801 S US Highway 1 - Self-Storage Facilities FOR SALE


Fort Pierce, FL 34982- White City
$2,500,000 USD
239-293-3844
5801 S US Highway 1, Fort Pierce, FL for Sale
$2,500,000 USD
Self-Storage Facilities - FOR SALE
1/11
null | Request Cap Rate

5801 S US Highway 1
Fort Pierce, FL 34982
White City


OVERVIEW

- Stabilized and Cash-Flowing Self Storage Facility Comprised of 202 Climate-Control Units Totaling 16,719 NRSF, Two Commercial Spaces Totaling 1,800 NRSF, Two Apartments Totaling 1,800 NRSF, and 57 Outdoor Parking Rentals. - Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Security Cameras Already in Place. - Opportunity to Increase Revenue Through Replacing the Existing Parking Area with an Additional Storage Building. Conceptual Plans Available in the Deal Room. - Very Low Market Saturation of 4.6 SF/Capita for Self Storage Within Five Miles of the Property. - Opportunity to Increase Revenue Through Existing Customer Rent Increases and Maximizing Supplemental Income Streams. - Dense Population of 41,791 Residents Within Three Miles of the Property Growing at 6.8% Annually. - Strong Average Household Income of $88,404 Within Three Miles of the Property. - Fort Pierce is Located Along Florida's Eastern Coast Approximately 50 Miles North of West Palm Beach and is Home to 52,377 Residents. - The Rapidly Growing Port St. Lucie MSA is the 10th Largest in the State of Florida and is Home to 556,336 Residents.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CubeSmart Storage (Managed)

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

CG

APN/PARCEL ID

3410-244-0005-000-3

ASK ABOUT THIS PROPERTY

Frank DeSalvoFranklin StreetMore Info
239-293-3844

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Frank DeSalvoFranklin StreetMore Info
239-293-3844

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