Investment Overview

Marcus & Millichap is proud to present Safe & Easy Self-Storage, a cutting-edge self-storage development in progress at 7192 SE 9th Ave, FL 32091. Spanning 2.73 acres, the facility is on track for completion by June 1st, 2024, and will offer a mix of 68 climate-controlled and 166 drive-up storage units. The entire project will provide 23,400 net rentable square feet of space. The Drive-Up units are priced competitively at an average of $1.17 per square foot. The self-storage market in the surrounding area shows limited saturation, with SF per capita at 6.8 SF within a 3-mile radius, 3.9 SF within a 5-mile radius, and 4.0 SF within a 10-mile radius, underscoring the site's advantageous market position. Additionally, with a projected local demographic growth of 5.5% over the next five years, demand for storage is expected to increase substantially. The property's value is enhanced by its prominent location, ensuring high visibility and straightforward access from 9th Ave. Security measures are a priority, and the facility will be fully equipped with surveillance cameras, sufficient perimeter lighting, and a secure gated access system at completion. These features will provide a turnkey solution for the new owner to focus exclusively on maximizing occupancy rates.