8121 Lillian Hwy - Self-Storage Facilities FOR SALE
Pensacola, FL 32506 |
8121 Lillian Hwy
Pensacola, FL 32506
HIGHLIGHTS
- Heavy value add opportunity due to mismanagement. Currently only 42% occupied, with 17% of the potential rent of the facility being collected
- 30' X 120' concrete pad existing on-site where a building burned down, presenting opportunity to expand the asset upon closing
- Strong surrounding population with over 43,000 people living in a 3-mile radius
- Solid traffic counts with over 14,000+ vehicles per day on Lillian Highway, in which this facility has frontage and signage
- High yields upon stabilization
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Zone Self Storage (Auction)
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
11850
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.99 AC AC
LAND SF
43,124 SF
ZONING
-
APN/PARCEL ID
12-2S-31-1105-000-000
