Suncoast Self Storage
For sale15422 County Line Rd, Spring Hill, FL 34610
$1,400,00062 units11,800 SF
Self Storage$22,581/unit$119/SF1998
Property type
Self Storage
Unit / Space count
62
Price
$1,400,000
Rentable area
11,800 SF
Year built
1998
Occupancy
91.18%
Lot size
1.01 Acres
Number of buildings
4
Price per SF
$118.64
Property description
Broker of Record Darron Kattan Florida BOR License No. BK3256503 Firm License No. CQ1032352 813-839-7300 [email protected] Franklin Street Real Estate Services LLC
Property highlights
- Highly Occupied Self Storage Facility Comprised of 62 Non-Climate Units Totaling 9,600 NRSF, One Commercial Space of 2,200 NRSF and 6 Outdoor Parking Rentals
- Significant Existing Customer Rent Increases Scheduled Through the End of 2026 and Past Rent Increases Have Been Met With Little Resistance
- Low Market Saturation Rate of 5.4 SF/Capita for Self Storage Within Five Miles of the Property
- Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place
- Population of 111,079 Within Five Miles of the Property Growing at 2.9% Annually Since the 2020 Census
- Average Household Income of $73,881 Within Five Miles of the Property
- Spring Hill is Located Approximately 35 Miles North of Tampa and is Home to 123,474 Residents
- The Tampa-St. Petersburg-Clearwater MSA is the Second Largest in the State of Florida and is Home to 3,418,895 Residents