INVESTMENT OVERVIEW
Zone Self Storage is a self-storage facility located at 8200 Lillian Highway in Pensacola, FL. This facility currently holds 89 units containing 11,850 NRSF. The current physical occupancy is 43.82%. Zone Self Storage is surrounded by a high-residential income area with a 6.96% year-2 cap rate and room for expansion. This facility comes with an opportunity to implement a website and offer online rentals to increase physical and economic occupancy and drive up rates. This area contains a high average household income, at $76,859 in a 1-mile radius. This facility is also the only self-storage facility in a 1-mile radius.
INVESTMENT HIGHLIGHTS
FACILITY SUMMARY
Property Name: | Zone Self Storage |
Address: | 8200 Lillian Hwy, Pensacola, FL 32506 |
County: | Pensacola |
Total NRSF: | 11,850 NRSF |
Total Units: | 89 UNITS |
Physical Occupancy: | 43.82% |
Economic Occupancy: | 45.74% |
Building Count: | 3 Single Story Drive-Up Buildings |
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111 2nd Ave NE, Suite 1006
St. Petersburg, FL 33701
727.219.9051
FL License #CQ1059487