Exclusively Listed By:
Cushman & Wakefield

DEAL SUMMARY

​

List Price:  Determined by Market

NRSF:        87,750

Units:         885 Climate-Controlled

Acres:        2.4

​

INVESTMENT SUMMARY

​

PRIME LOCATION // Over 55K cars travel in front of the facility on Colonial Blvd. Directly across from Edison Mall, a 1M square foot shopping experience with over 3.3M visitors per year.

​

STRONG DEMOS // 1,335 multifamily units in various stages in planning and construction within 1.5 miles. Households in the 3-mile radius have seen a 2.6 annual increase since 2020, household incomes expected to increase 2.9% annually.

​

TOP OF CLASS FINISHES // This facility will deliver with 87,750 rentable square feet comprised of 217 climate-controlled first-floor units and 668 climate-controlled elevator accessible units, totaling 885 units over 3 floors. The facility will feature a modern design with all the latest technology and security advancements for secure and seamless storage.

​

INVESTMENT HIGHLIGHTS

​

Equicap Commercial in cooperation with Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Fort Myers, FL Self-Storage opportunity.

​

Take advantage of the opportunity to acquire a brand-new self-storage facility in the growing Fort Myers, FL metro. The fully climate-controlled, Class-A facility allows investors to expand their footprint in a highly sought-after sunbelt market, with an influx of multifamily development positioning the facility for a rapid lease-up and strong rental rates. Buyers have the opportunity to acquire this store at a significant cap rate and price per square foot discount relative to market. Investors are well-positioned to capture significant cap rate compression and value creation by implementing professional management to stabilize the asset.