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.




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