Self Storage 2428 N Monroe St.

Industrial for Sale
Catylist Listing ID: 30330573
Property Subtypes: Mixed Use, Self Storage
Building Size (RSF): 65,810 SF
Gross Building Area: See Agent
Gross Land Area: 2.69 Acres
Sale Price: $4,100,000
Unit Price: $62.30 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2018

Overview / Comments

Offered for sale, is the 'A Dent in the Attic' Self Storage Facility in Tallahassee, FL. The site is 2.694± acres, with
approximately 65,810 SF +/- of building area. The 487 unit facility includes non-climate controlled storage space,
climate-controlled storage space (87% of the units), an onsite office and a separate 2 story freestanding building
with climate controlled storage and leaseable retail/office space with Hwy 27 road frontage and marquee
signage. Ingress/Egress to the property is via HWY 27 and Monticello Drive. In addition, the property has 13 total
leasable parking/outdoor spaces for vehicles, boats, RV’s. The property currently has an occupancy of 74%.

The subject property is located along N. Monroe Street (Hwy 27) north of John Knox/Monticello intersection. This 'gateway' to Tallahassee is one of the major retail corridors in Florida's capital city. The 750,000 sf Tallahassee Centre Mall (Mixed Use Office/Retail) is directly across Monroe Street. This self storage property is located 1 mile south of Interstate 10. The location is conveniently located in the center of the city and has a dense concentration of both daytime population and residential households located in close proximity. Access is excellent off Monroe Street and Monticello Drive.

Attachments & Media

Additional Details

Nearest MSA: Tallahassee
County: Leon
Tax ID/APN: 2124202220000
Total Number of Buildings: 4
Number of Stories: 3
Property Condition: Average
Parking Type: Surface

View FullscreenMap


Contact

Photograph of Listing Agent

Carlton Dean, SIOR, CCIM

SVN | SouthLand Commercial TALrex.com Member
Photograph of Listing Agent

Francis P. Rentz, CCIM

SVN | SouthLand Commercial TALrex.com Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Tallahassee Board of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.