Self Storage For Sale • 20,150 SF
| Robust Cash Flow: Offers an investor a healthy return | CASH-ON-CASH RETURN: 9.35% or CAP RATE 9.00% (Adjusted / Underwritten T-12 NOI) |
| Opportunity to increase revenue by standardizing rents and aligning them with current market rates | Additional upside by improving occupancy |
| Situated in the highly sought-after North Port-Bradenton-Sarasota Metropolitan Area | Strong demographics: population of 89,851 within 5-miles |
| Positioned directly adjacent to the Venice Bypass, benefiting from 39,500+ vehicles per day (AADT) |
| Turnkey Income Asset | Low-Maintenance Advantage: Strategically designed to maximize rental income & a well-maintained property |
| Just 5 miles to Interstate 75, offering convenient regional connectivity |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Sarasota/Bradenton International | 45 min | - | 25.1 mi |
| Punta Gorda | 49 min | - | 37.9 mi |