For Sale
$995,000

3557 Veronica S Shoemaker BlvdFort Myers, FL 33916

High-Occupancy, Fee Simple Investment

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 12,000 square foot self-storage facility, located at 3557 Veronica S Shoemaker Blvd in Fort Myers, Florida (zip code 33916), presents a compelling investment opportunity. The property, a Class C mini-warehouse, boasts 75 units and currently enjoys a remarkable 95% occupancy rate, providing a stable and consistent income stream. Built in 1974, this fee simple ownership offers a rare chance to acquire a well-established business. The facility's prime location near an industrial area caters to a diverse clientele, including contractors, subcontractors, and private individuals, ensuring a robust and reliable tenant base. The seller, who has owned the property for over three decades, is motivated to sell due to retirement, making this a non-distressed sale. The potential for increased revenue exists through strategic rate adjustments on larger units currently leased to contractors and subcontractors. This is a turnkey operation with significant upside potential for a savvy investor seeking a profitable and established self-storage business in a thriving Florida market. The total square footage is 12,200 square feet.

Highlights

  • 95% occupancy with a stable tenant roster.
  • Strong current income, with upside potential through rental rate increases on larger units.

Property Details for 3557 Veronica S Shoemaker Blvd

Property type
Self storage facilities
Square Feet
12,200 SF
Class
C
Year Built
1974
Units
75

Location Insight

City
Fort Myers
County
Lee
State
Florida
Latitude
26.6255316
Longitude
-81.840353
3557 Veronica S Shoemaker Blvd, Fort Myers, Florida

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3557 Veronica S Shoemaker Blvd
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