Property Description
LC Realty and Argus Self Storage Advisors are pleased to offer for sale a unique self-storage opportunity at 355 Commerce Boulevard in Port Saint Joe, FL.
The subject property consists of 5.49 acres of land and is currently in the construction phase, to be delivered with a newly built self-storage facility totaling 54,470 gross square feet. The facility will feature 292 Units (152 Climate-Control Units and 140 Drive-Up Units) totaling 48,295 net rentable square feet, spanning 10 self-storage buildings and 1 office building.
The projected completion of construction is in Q2 2023, and the seller will deliver the facility with a Certificate of Occupancy, providing investors with an opportunity to maximize income potential in a strategic lease-up phase.
The property is located in Gulf County, with close proximity to State Road 71 which runs from the Gulf Coast through the panhandle of Florida to the Alabama border, as well as U.S. Route 98 which is a major east-west thoroughfare through the state of FL.
Property Details
Property Name:
Sunny Day Self Storage
Address:
355 Commerce Boulevard, Port St. Joe, FL, USA
County:
Gulf
Acreage:
5.49
Gross SF:
54,470
Rentable SF:
48,295
Total Units:
292
Buildings:
10
Year Built:
Under Construction
Investment Highlights
Newly Built Self-Storage Facility (Under Construction)
Projected Completion: Q2 2023
5.49 Acres of Land
54,470 Gross SF | 48,295 Net Rentable SF | 10 Buildings
292 Self-Storage Units (Climate Control & Drive-Up)
Delivered with Certificate of Occupancy
Lease-Up Opportunity
Proximity to Major Highways: SR-71 & Route 98