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

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Photograph of Listing Agent

Carlton Dean, SIOR, CCIM

SVN | SouthLand Commercial Member
Photograph of Listing Agent

Francis P. Rentz, CCIM

SVN | SouthLand Commercial Member
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