For Sale
For Sale
-
Year Built
1986
-
Total Building Size
24,047 RSF
-
Overview
Less than 2.5 miles from the intersection of US-17 and Hwy A1A, this facility is located in the center of Yulee, FL's residential district. Strategically positioned between I-95 and Fernandina Beach, FL, the facility's prime location allows for a tenant base who live in Yulee, Fernandina Beach, Amelia Island, and North Jacksonville. SVN Alliance is pleased to offer US-17 Yulee Self Storage in Yulee, Florida. This cash-flowing self-storage facility represents an excellent opportunity to secure an asset with substantial upside potential by increasing occupancy and raising rates to the market, current rental rates approximately 20 percent below the area average. Consisting of 24,047 square feet among 3 Self Storage buildings, 2 Single Family Residences, a Flex Building and one Office, the facility has 210 Self-Storage units for a total of 214 rentable units. Additionally, the property has 1.16 undeveloped acres that could be used to add additional Self Storage or Boat / RV storage. Three mile demographics support an additional 44,497 square feet of unbuilt self storage units. US-17 Yulee Mini Storage is located at 850436 US-17 in Yulee, Florida, approximately 20 miles from downtown Jacksonville. The facility sits less than 2.5 miles from the center of Yulee and is situated in the center of the town's residential district. Strategically positioned between I-95 and Fernandina Beach, FL, the facility's prime location allows for a tenant base who live in Yulee, Fernandina Beach, Amelia Island, and North Jacksonville. The last reported population growth rate for Nassau County, FL was 2.74%, with projections for continued growth for the foreseeable future. The center is located just south of the new Wildlight master-planned community that will add 279 multi-family units by 2020. Just north of Jacksonville, Yulee and Nassau County residents are benefiting from the economic growth of of a region highlighted by the opening of over 3 million square feet of Amazon fulfillment centers and a Port deepening project that is projected to add thousands of jobs to the region.
Property Details
Less than 2.5 miles from the intersection of US-17 and Hwy A1A, this facility is located in the center of Yulee, FL's residential district. Strategically positioned between I-95 and Fernandina Beach, FL, the facility's prime location allows for a tenant base who live in Yulee, Fernandina Beach, Amelia Island, and North Jacksonville. SVN Alliance is pleased to offer US-17 Yulee Self Storage in Yulee, Florida. This cash-flowing self-storage facility represents an excellent opportunity to secure an asset with substantial upside potential by increasing occupancy and raising rates to the market, current rental rates approximately 20 percent below the area average. Consisting of 24,047 square feet among 3 Self Storage buildings, 2 Single Family Residences, a Flex Building and one Office, the facility has 210 Self-Storage units for a total of 214 rentable units. Additionally, the property has 1.16 undeveloped acres that could be used to add additional Self Storage or Boat / RV storage. Three mile demographics support an additional 44,497 square feet of unbuilt self storage units. US-17 Yulee Mini Storage is located at 850436 US-17 in Yulee, Florida, approximately 20 miles from downtown Jacksonville. The facility sits less than 2.5 miles from the center of Yulee and is situated in the center of the town's residential district. Strategically positioned between I-95 and Fernandina Beach, FL, the facility's prime location allows for a tenant base who live in Yulee, Fernandina Beach, Amelia Island, and North Jacksonville. The last reported population growth rate for Nassau County, FL was 2.74%, with projections for continued growth for the foreseeable future. The center is located just south of the new Wildlight master-planned community that will add 279 multi-family units by 2020. Just north of Jacksonville, Yulee and Nassau County residents are benefiting from the economic growth of of a region highlighted by the opening of over 3 million square feet of Amazon fulfillment centers and a Port deepening project that is projected to add thousands of jobs to the region.
- Property TypeIndustrial
- Year Built1986
- Sale Price$1,200,000
- Total Building Size24,047RSF
- Total Acres3.54
- Sale StatusAvailable
- Property ID2019122