Overview
This is an exclusive opportunity to acquire Cane Island Storage, a 116,111 NRSF facility with 423 units. Cane Island Storage offers a plethora of different unit sizes to fit a variety of different client needs.
Property Details
Highlights
Strong Physical Occupancy Rate: The facility is currently 89.1% physically occupied across 116,111 NRSF.
Demographic Advantage: The property serves a population of 124,520 residents with an average household income of $145,162 within a 5-mile radius.
Strategic Location with High Traffic: Positioned along a corridor with an annual
average daily traffic count of 16,231 vehicles.
Operational Stability with Upside: Asking rents remain approximately 18% below competing street rates, supporting stable in-place cash flow with upside through selective rate optimization.
Well-Maintained Facility: The facility is well maintained with wide drive aisles, climate-controlled units, and 24-hour video surveillance, supporting long-term operational stability.
Location
No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.