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): 27,286 SF
Gross Land Area: 1.65 Acres
Sale Price: $911,754
Unit Price: $33.41 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: 4/12/2018

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 7 buildings with 167-unit mini storage warehouse facilities totaling 25,690 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 four - 8121 Lillian Hwy • .99 Acre – Four Mini Storage totaling 16,650 sf. • 104 feet fronting Lillian Hwy • Possible RV/Trailer Storage * Building Five - 8121 Lillian Hwy C • .08 Acre – One Mini Storage totaling 1,440 sf. • 81.42 ft fronting Lillian Hwy * Building Six and Seven - 735 Fairfield Dr. • .47 Acre – Two Mini Storage totaling 7,600 sf. * Building Eight - 8119 Lillian Hwy – Office/Retail 1,596 sf • .11 Acre – One office/retail building. Currently being used as a thrift store * Mini Storage totals 25,690 sf * Office/Retail totals 1,596 * Total 27,286 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
Total Number of Buildings: 8
Number of Stories: 1
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 Halford Gulf Coast CMLS Member
Photograph of Listing Agent

Ken Ellzey

NAI Halford Gulf Coast CMLS Member
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