Grandstone Investment Sales is pleased to present Extra Space Self Storage located in Englewood, FL. This class A self-storage facility spans 86,969 NRSF and has historically maintained strong occupancy rates in the high 80% and low 90% range. Recently, the owners completed an expansion of 24,186 NRSF (bringing the total to 86,969 NRSF), which will receive a Certificate of Occupancy in the next 30 days. The facility benefits from exceptional visibility along Route 776, with daily traffic counts exceeding 24,000 cars per day. Englewood has experienced a 15% population growth over the past decade, and the population is expected to continue growing. Additionally, Englewood boasts high average household incomes, exceeding $90,000. There are multiple large multifamily projects currently under construction within a 5-mile radius.
INVESTMENT
HIGHLIGHTS
• Facility Overview:
– Class A Self Storage Facility
– 86,969 NRSF
– Strong historical occupancy in the high 80% to low 90% range
– Recent expansion of 24,186 NRSF (total 86,969 NRSF) receiving a Certificate of Occupancy in the next 30 days
• Exceptional Visibility:
– Located along Route 776 with daily traffic counts exceeding 24,000 cars per day
• Local Market Growth:
– Englewood has seen a 15% population growth over the past decade
– Population expected to continue growing
– High average household income exceeding $90,000
• Nearby Multifamily Projects:
– Multiple large multifamily projects currently under construction within a 5-mile radius
