Self storage facility (all 40 units 12' X 20', not air conditioned) plus a 3,000 SF office/warehouse with 700 SF office and 2,300 SF warehouse that is clear span with 3 roll up doors (connected to self-storage facility and lease includes 2 adjoining units - #21/#42) thus 40 self storage units available For Lease). The office/warehouse is currently leased month to month but the Tenant wants to sign a new lease. The self-storage units are currently at a 70% occupancy rate (per current Rent Roll) thus creating opportunity for new owner to improve revenues. Cap Rate of 7.8% - see attached Financial Summary of property. Property is highly visible on South Street on the west side of Leesburg and convenient to The Villages.
Listing By GRIZZARD COMMERCIAL REALESTATE
Data Last Updated 4:06AM - 9/28/2021
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