- For Sale Contact for pricing
- Property Type Other
- Units 558
- Date Updated May 15, 2026
Description
43rd Street Self Storage is a 558-unit, 75,548 NRSF self-storage facility located at 9417 NW 43rd Street in Gainesville, Florida, one of the state’s most stable and institutionally favored secondary markets. Situated on 5.12 acres, the property benefits from excellent frontage and access along NW 43rd Street and NW 97th Boulevard, with exposure to over 39,000 vehicles per day. Gainesville serves as the economic and cultural hub of Alachua County, anchored by the University of Florida and UF Health, which collectively drive population stability, employment growth, and consistent housing turnover—key demand drivers for self-storage.
Highlights
- Demonstrated rent growth opportunity, with in-place rents 1540% below market across several unit sizes, particularly in interior climate-controlled units
- Exceptionally strong physical occupancy of 94% by units and 92% by area, with 70% economic occupancy, highlighting meaningful mark-to-market upside through rent optimization and revenue management
- Institutional-quality self-storage asset comprising 558 units and 75,548 NRSF, featuring a diversified mix of interior climate-controlled and drive-up non-climate units in a top Florida market
- Long-tenured tenant base, with approximately 70% of tenants averaging stays between two and ten years, providing durable cash flow and pricing power
- Prime Gainesville location positioned between two major roadways with combined traffic counts exceeding 39,000 vehicles per day, offering strong visibility and accessibility
- Well-maintained, stabilized asset with no deferred maintenance, modern construction (20002001), professional management systems (StorEdge), and minimal operational risk
False
Contacts
Cameron Vale
Oakside Companies
Location
Located at 9417 NW 43rd St, Gainesville, FL 32653, this property is part of the Alachua neighborhood and North Central Florida market.
Contact Listing Broker
Cameron Vale
Oakside Companies
