This exclusive opportunity allows investors to acquire a Class-A, institutional-quality self storage asset in a high-growth Florida market. The project totals 101,400 rentable square feet across 1,018 units (92% climate-controlled / 8% drive-up). The site is strategically located at the on/off ramp of I-75, a major north-south corridor in Florida, enhancing access and visibility. Its 3-mile trade area benefits from strong historical and projected population growth along with significant multifamily and residential housing development.
The store opened in May 2025 and is being managed by Extra Space Storage. Based on our projections, the store is anticipated to reach physical stabilization within 36 months, with rental rates expected to stabilize approximately 12 months thereafter, ranging between $22.50 and $24.00 per square foot. This is based on CW’s market rent survey of trade area competitors. The combination of strong current market rents, demographic tailwinds, and complementary commercial development offers a potential investor an unmatched opportunity in a high-growth Florida market.
The store is located in the City of Bradenton, within the rapidly expanding Tampa Bay / Bradenton MSA—one of Florida’s most dynamic and fastest-growing regions. The metro benefits from powerful demographic tailwinds, including sustained in-migration, accelerating household formation, and a growing base of retirees and remote workers. Strategically positioned along State Road 64, a key east-west artery with direct access to Interstate 75, the property offers seamless connectivity to both the Tampa Bay region and Southwest Florida. Bradenton has experienced a surge in residential development, and the subject property is centrally located within 3 miles of approximately 5,500 residential units that are either recently delivered, under construction, or planned—reinforcing long-term demand for self storage in this high-growth corridor.