Mini Storage Complex Includes Separate Office/Retail Space

Industrial for Sale
Also listed as Office, Retail-Commercial
Catylist Listing ID: 30257435
Property Subtypes: Self Storage, Other
Building Size (RSF): 23,486 SF
Gross Land Area: 1.65 Acres
Sale Price: $725,000
Unit Price: $30.87 PSF
Office SF: 1,596 SF
Property Use Type: Vacant/Owner-User
Building Name: Admiral Discount Storage
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2018

Overview / Comments

Excellent opportunity for an owner/user or investor to acquire Admiral Park Mini Storage. Situated on both sides of Lillian Hwy between Blue Angel Parkway and Fairfield, the property is conveniently located and readily accessible. Property is comprised of 6 buildings with 167-unit mini storage warehouse facilities totaling 21,890 of rentable sf and one free standing office/retail building totaling 1,596 sf. There is additional revenue generating square footage for trailer/RV storage for increased value.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: County MSTU
Tax ID/APN: 122S311404000000
Zoning: COM
Property Located Between: Situated on both sides of Lillian Hwy between Blue Angel Parkway and Fairfield.
Site Description: Building One through Three 8121 Lillian HWY .99 Acre – Three Mini Storage totaling 12,850 sf. 104 feet fronting Lillian Hwy Possible RV/Trailer Storage Pad 3,800 SF +/- Building Four – 8221 Lillian HWY C .08 Acre – One Mini Storage totaling 1,440 sf. 81.42 ft fronting Lillian Hwy Building Five and Six – 735 Fairfield Dr. 47 Acre – Two Mini Storage totaling 7,600 sf. Building Seven – 8119 Lillian HWY Office/Retail 1,596 sf .11 Acre – One office/retail building. Currently being used as a thrift store   Mini Storage totals 21,890 sf Office/Retail totals 1,596 Total 23,486 sf. Total land size 1.65 acres * 416 x 104 x 81 x 92 (IRR)
Area Description: Situated on both sides of Lillian Hwy between Blue Angel Parkway and Fairfield. • Rapidly Expanding West Side of Pensacola • Conveniently Located & Easily Accessible • Area of Heavy Roof Top Density • Additional Revenue Generating Square Footage
Tenancy: Multiple Tenants
Total Number of Buildings: 7
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Construction/Siding: Metal Siding, Modular
Exterior Description: 167 Unit Mini Storage with Metal Building with Roll-Up doors.
Parking Type: Surface
Interior Description: Shell Space Storage Units
Zoning Description: COM
Lot Frontage: 185.45
Lot Depth: 416
Legal Description: In file.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,501 53,678 118,074
Median Age: 41.35 36.74 35.87
Households: 2,641 20,904 44,354


Photograph of Listing Agent

Tina Tortomase

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Ken Ellzey

NAI Pensacola Gulf Coast CMLS Member
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