StorQuest Express, Cape Coral Self-Storage Opportunity – Cape Coral, FL
1975 SW Pine Island Rd Cape Coral, FL 33991
This offering represents a rare chance to invest in a newer-vintage, single-story asset in one of Southwest Florida’s fastest-growing markets. The property comprises 49,875 rentable square feet across 393 climate-controlled ground-floor units and 116 drive-up units, offering a highly desirable unit mix for today’s storage users. Additionally, the facility includes 74 uncovered Boat & RV parking spaces totaling 35,520 RSF, catering to the region’s strong demand for recreational vehicle storage. Delivered in April 2021, the facility is currently 77% physically occupied, with in-place rents averaging $23.57 per square foot over the trailing twelve months. The Boat & RV component is 74% occupied, with an average monthly rent of $246 per space. The single-story design—an increasingly rare feature in a market dominated by multistory developments—enhances operational efficiency and tenant accessibility.
Strategically positioned along SW Pine Island Road, the property benefits from exceptional visibility and access in a rapidly evolving submarket within the Fort Myers–Cape Coral MSA. Once a predominantly rural corridor, the area is now experiencing a surge in residential and commercial development, driven by strong in-migration trends and rising household formation. Within a five-mile radius, the population is projected to increase by nearly 15,000 residents by 2029, supported by more than 6,000 new households and rising median incomes. Surrounded by a mix of established neighborhoods, active adult communities, and new single-family and multifamily developments, the facility is well-positioned to capture sustained demand for secure, accessible storage. Its proximity to US-41 and I-75 provides convenient connectivity to downtown Cape Coral, Fort Myers, and the broader Southwest Florida region.
This offering presents investors with the opportunity to acquire a newer-generation asset with meaningful value-add potential. With room to improve both occupancy and rent per occupied square foot, the property is well-positioned for near-term growth and long-term stability in one of Florida’s most dynamic growth markets.