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Price: Market Bid
NRSF: 26,950
UNDER AGREEMENT
[/fusion_text][/fusion_builder_column][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” hover_type=”none” link=””][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of a property located in the Tampa Bay metro area.
Seize the opportunity to acquire an established selfstorage property in the fast-growing Tampa Bay metro area. New residents are flocking to the Bay area due to job growth in higher-paying professional and business services. As a result, these business expansions are spurring impressive economic growth in Tampa. The local economy is worth over $130 billion, and the metro area is third fastest growing in Florida.
The self-storage facility listed in this sale is located in the northern part of the metro area along the busy State Road 52, which sees up to 32,500 vehicles each day. A large Publix, several restaurants and a high school are closeby. Completed in 1979, the well-maintained, 26,950 square-foot structure easily accommodates Tampa Bay’s growing population with 164 rentable units. Physical occupancy is currently 98.7% / 95.8% with economic occupancy at 81.15%.
All told, this sale presents a rare opportunity for a savvy investor to acquire an established business in a sought-after area where self-storage demand remains constant as the metro area expands at a record rate.
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