908 E Wright St - Self-Storage Facilities FOR SALE


Pensacola, FL 32501- Southeast Pensacola
$1,750,000 USD
678-808-2733
908 E Wright St, Pensacola, FL for Sale
$1,750,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | 6.3% Cap Rate

908 E Wright St
Pensacola, FL 32501
Southeast Pensacola


HIGHLIGHTS

  • 13,100 NRSF of All CC Storage
  • Over $107,000 Avg HH Income (1-Mi)
  • Strong In-Place Rental Rates ($17.63/sf)
  • Revenue Management Upside
  • Recent CapEx Improvements
  • Multiple Multifamily Developments Within 5-Mi

OVERVIEW

The Gorman Self Storage Group of Marcus & Millichap is pleased to exclusively present Downtown Storage Pensacola, a stabilized self-storage investment opportunity located in the heart of Pensacola. The property benefits from a highly desirable infill location surrounded by significant residential growth, with more than 15 multifamily and single-family housing developments planned or under construction within a five-mile radius. The facility features strong in-place rental rates and consistent cash flow, providing investors with immediate income and operational stability. Additionally, the property's proximity to Naval Air Station Pensacola supports a diverse and recurring tenant base. With average household incomes exceeding $107,000 within a one-mile radius and opportunities to further optimize revenue management, Downtown Storage Pensacola offers investors both durable cash flow and future upside potential in one of Northwest Florida's strongest growth markets.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C3

APN/PARCEL ID

00-0S-00-9025-030-059

ASK ABOUT THIS PROPERTY

Grace FolgerMarcus & MillichapMore Info
678-808-2733

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Grace FolgerMarcus & MillichapMore Info
678-808-2733

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