The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of the Boynton Beach Self-Storage Opportunity.
Acquire an established self-storage property located in the beautiful Boynton Beach area. The city is projected to grow about seven percent over the next five years due to its prime location (20 minutes north of West Palm Beach), quiet coastal setting and more affordable cost of living with a comfortable median household income of $57,563.
Conveniently located right across the street from Boynton Beach Mall, the 79,805 square-foot facility lies within Renaissance Commons, an 86-acre mixed-use community blending residential, retail and commercial spaces. Completed in 2008, this established facility boasts a high physical occupancy of 97%. The structure comprises 940 rental units of various sizes with elevated climate control to help protect personal belongings from sweltering Florida summers. For around-the-clock peace of mind, the facility is also equipped with state-of-the-art, 24/7 video recording.
As the densely populated Fort Lauderdale metropolitan area continues to expand, quieter, safer cities like Boynton Beach draw new residents. For these reasons, the Boynton Beach self-storage opportunity allows a savvy investor to acquire a new business in a prime, highly affluent area where self-storage is in steady demand.