141 Commerce Blvd - Self-Storage Facilities FOR SALE


Port Saint Joe, FL 32456
$6,950,000 USD
850-728-0854
141 Commerce Blvd, Port Saint Joe, FL for Sale
$6,950,000 USD
Self-Storage Facilities - FOR SALE
1/16
null | 5.26% Cap Rate

141 Commerce Blvd
Port Saint Joe, FL 32456


HIGHLIGHTS

  • 106 non-climate units, 75 climate controlled units, & 29 covered boat/RV spaces with washing stations
  • 12 office spaces at 1,000 NRSF each
  • Automated gates with key pad along with security camera surveillance
  • 91% physical occupancy (96% occupancy excluding parking)
  • ~25,000 NRSF of expansion opportunity
  • 47,200 NRSF

OVERVIEW

Premier Commercial Group is pleased to offer for sale Best American Storage located in the charming city of Port St. Joe, Florida. The facility consists of 310 rentable units and is housed on 6.71 acres supporting 47,200 of NRSF with a humble ~ 25,000 NRSF of expansion opportunity, allowing the next owner to keep up with the tenant waiting list already in place as well as Florida’s population increases (~1000 new residents a day). This facility is currently stabilized, and cash flowing at 91% occupancy and offers excellent frontage on Commerce Blvd. This great location, coupled with the property's impeccable maintenance and attention to detail, makes it the standard for storage in the Port St. Joe market.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

5.26%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best American Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

6.71 AC

LAND SF

292,288 SF

ZONING

-

APN/PARCEL ID

04583-397R

ASK ABOUT THIS PROPERTY

Hagan MichaelPremier Commercial GroupMore Info
850-728-0854

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Hagan MichaelPremier Commercial GroupMore Info
850-728-0854

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