Southwest Florida Self-Storage Opportunity | Port Charlotte, FL

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for the sale of Charlotte County Self Storage. This sale presents a unique opportunity to acquire an established business in the growing southwest Florida market where self-storage is in constant demand.

Charlotte County Self Storage is located in Port Charlotte, FL. situated between Fort Myers and Sarasota, on Florida’s west coast. Originally built in 1996 and expanded in 2016, this facility sits on 2 acres, offers a total of 390 total rent-able units. 273 Climate Controlled and 106 Non Climate Controlled with 11 parking spaces, across 37,725 rentable square feet. Charlotte County Self Storage has been impeccably maintained over the years and offers a large onsite managers apartment with garage parking. The main facility boasts physical occupancy of 97%, with room to push rates and is visible from Harbor View Road. Additionally, the facility is equipped with 24-hour video surveillance and electronic gating to guarantee secure storage. This opportunity delivers immediate upside with the ability to significantly increase rates, expand the main facility, as well as a shovel ready expansion site located less than a half mile from the main facility.

The expansion will add an additional 25,000 rentable square feet of climate controlled storage and is adjacent to a separate development parcel that is zoned for residential development. This offering represents a rare opportunity to acquire a fully stabilized mom & pop managed two-story facility with immediate expansion opportunity in a highly sought-after Florida market.

INVESTMENT HIGHLIGHTS

• Great visibility from Harbor View Road.
• High Occupancy with room to push rent prices.
• Possibly expansion opportunity with 2nd parcel only a few blocks away.
• Port Charlotte is a growing community with an affordable real estate market. It’s a prime location for a high return on investment.