Stabilized, Space Coast Self-Storage Opportunity with Expansion Potential – Cocoa, FL
3900 Curtis Blvd, Cocoa, FL 32927

Price
Market Bid
NRSF
64,741
Cocoa, FL
Expansion Potential
Large 8.94 Acre site, with the opportunity to expand. Expansion plans included with the investment
Facility was recently expanded in 2018 by adding 16k+ RSF
Owner Financing available for purchasing the existing facility and building out the expansion. Financing Terms: 5 Year Interest Only Loan Term at 5% Interest Rate
Proximity to Space Coast Regional Airport and Kennedy Space Center
Facility is close to full physical occupancy at 95.1% / 94.4% with significant room to push rents
Local management currently in place

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Horizon Mini Storage in Cocoa, FL.

Take advantage of the rare opportunity to invest in a stabilized storage facility consisting of 64,741 rentable square feet. The facility is built on a large 8.94 acre site, with the opportunity to build an additional 16,125 rentable square feet with owner financing available. The existing facility offers ground level climate-controlled storage units, drive-up units and 16 open parking spaces. The planned expansion space will be 100% climate controlled. Upon execution of the expansion plans, this facility will be the latest and one of the largest storage facilities in the trade area, offering immense pricing power in a market poised for future growth.

This facility is situated on Curtis Blvd, that connects Fay Blvd and Garrison Pkwy and is only a 3-minute drive away from US-1. There are several commercial developments along the stretch connecting the facility to Fay Blvd, including True Value hardware store, Horizon Palms strip mall, Horizon Business Park, and East Atlantic Prep School. Additionally, there are several new housing developments, including KB Homes Toscana Village and Maronda Homes located in the trade area of the facility. The Space Coast Regional Airport is located only a 5-minute drive away from the facility and the Kennedy Space Center is located 15-minutes away.

This investment offers a unique opportunity to generate consistent cash flows, with a chance to generate additional cash flow by executing the expansion plans, not to mention the option for attractive financing terms offered by the seller.




SIMILAR PROPERTIES

Tampa Bay MSA, Value-Add Self-Storage Opportunity - Clearwater, FL
Cushman & Wakefield’s Self Storage Advisory Group has been exclusively retained to offer for sale, the Bison Storage Self-Storage Opportunity in Clearwater, FL.…
VIEW PROPERTY
Birmingham MSA Self-Storage Conversion Opportunity – Fairfield, AL
The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of a Self-Storage Conversion Opportunity located in the…
VIEW PROPERTY
New Construction Self-Storage Opportunity – Fort Myers, FL
Cushman & Wakefield’s Self Storage Advisory Group has been retained to offer for sale, the Fort Myers, FL C/O Self-Storage Opportunity. This investment…
VIEW PROPERTY
Southwest FL Shovel Ready Self-Storage Development Opportunity – Cape Coral, FL
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to market the sale of this proposed self-storage site in Cape Coral,…
VIEW PROPERTY
Entitled Land Opportunity - Venice, FL
Cushman & Wakefield’s Self-Storage Advisory Group has been retained as exclusive advisors to offer for sale the Venice, FL Self-Storage Entitled Land Opportunity.…
VIEW PROPERTY
Recently Constructed, Class-A Self-Storage Opportunity – Osprey, FL
Cushman & Wakefield’s Self-Storage Advisory Group has been retained as exclusive advisors to offer for sale the CubeSmart Self Storage Osprey, FL Self-Storage…
VIEW PROPERTY
Value Add 5-Property DFW Self-Storage Portfolio - Dallas–Fort Worth MSA
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the FreeUp Storage Dallas-Fort Worth…
VIEW PROPERTY
Recently Constructed, Atlanta Suburb Self-Storage Opportunity – McDonough, GA
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Life Storage in McDonough,…
VIEW PROPERTY
Shovel Ready, Self-Storage Opportunity - Conroe, TX
The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of a shovel-ready site in Conroe, Texas—one…
VIEW PROPERTY
VIEW MORE



What can we do for you?