2303 North US Highway 1, Fort Pierce, FL, USA

Fort Pierce, Florida

Fort Pierce, FL | StoragePUP of Fort Pierce

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Available Spaces

161

Total Acreage

2.4

Asking Price

$2,999,000

Robust cash flow offers an investor a strong Cap Rate return | CAP RATE RETURN: 7.25%
161 Units | 26,811 Gross Rentable SF | 33,048 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
Benefit from a favorable insurance landscape with minimal structural coverage requirements, reducing overall costs
Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
Facility is fully fenced & gated with 24/7 access, equipped with camera surveillance & keypad entry. Keypad is Internet-based, which is vital to managing the facility remotely and it comes with an app for easy access, the ability to rent units and pay their bill
Prime self-storage development opportunity spanning 2.4 acres, strategically located in an area with a robust traffic count of 22,500+ AADT