The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer a new, state-of-the-art facility for sale in Orlando, FL.

This offering presents a rare opportunity to acquire a best-in-class self-storage project in the rapidly growing Bithlo suburban area on the east side of Orlando. The Property comprises 76,010 rentable square feet across a mix of 552 climate-controlled ground-floor and drive-up units—a rare feature in today’s market where multistory climate-controlled facilities are becoming the norm for new development. Additionally, pending the results of a public hearing process, Ownership seeks to add 57 parking spaces along the southern and western perimeter of the parcel (see striping plan for more info).

The Property opened in April 2024 and has achieved 27% square foot occupancy in just over five months. Asking rents currently average $19.10 within the 3-mile radius and are well positioned to increase over time as new inventory is absorbed by the trade area, especially when no sites are currently under construction or in planning. This, in conjunction with strong projected population growth and median household incomes, is a good indicator of future performance.

The Property is strategically positioned along Florida State Road 50, a major artery traversing Florida’s center through Orlando. With approximately 42,900+ vehicles passing the facility daily, the Property enjoys excellent visibility, particularly in its growing Orlando location. Access to the Property is further facilitated by nearby highways, enhancing its appeal to potential investors.

This facility represents a unique opportunity to acquire a best-in-class lease-up asset in one of the nation’s fast-growing markets. The Property is expected to stabilize with over $1.1 million of NOI at roughly $22 effective rents. Investors are well-positioned to capture significant value by leasing the asset up because of the current differential between lease-up and stabilized cap rates.