Build To Suit - Self Storage Facility

Located on the Western side of US301/N Washington Blvd just North of Desoto Road and South of University Parkway.Located at 5715 N Washington Blvd, this build to suit opportunity features a 65' tall, 7-story, ~253,000 SF, climate-controlled facility designed for long-term revenue growth and institutional quality. Ground floor designed with premium RV/boat storage units alongside a variety of medium-sized units, while the upper six floors feature small to mid-sized units (5×5 to 10×20) to maximize absorption and rental velocity. Situated on a corner lot with frontage on N. Washington Blvd/US-301, a high-visibility, high-traffic artery serving both Sarasota and Bradenton markets. Surrounded by new neighborhoods, large apartment complexes and business developments. Located just West of UTC Mall & Lakewood Ranch. 50,000 AADT The first floor features 14’8” ceilings and insulated garage doors measuring 10’ wide by 13’6” high. Most of this level is set up as mini storage, but the units can be reconfigured if needed. Floors 2 through 7 are identical, each with 8’ ceilings. Interior walls can be moved to create larger units. The building includes two freight elevators (9’ x 9’ each) and power glass doors leading into the interior. State-of-the-art climate control, multiple freight elevators, oversized power doors, security and access control systems; designed to outperform Class-B competitors. Facility can be managed with minimal staff, reducing overhead and ensuring strong margins. This is a rare opportunity to acquire a flagship self-storage facility in one of Florida’s most dynamic growth corridors. Owner will build to suit any combination of multi-story Self Storage facility desired by the buyer. Annual Estimated Gross Income Total 7 Stories: ≈ $18.0M - $19.6M (Estimated) 1st Floor (RV + Mixed Units): $2.77M - $3.29M (Estimated) Each Upper Floor (Small Units): $2.54M - $2.72M (Estimated Per Floor) Average Price per month based on unit size below. RV Storage can go as high as approximately $900/m/unit. Unit Size Sarasota (Average) Bradenton (Average) 5×5 ~$40–$42 NC; $49 CC ~$48/mo 5×10 ~$88 (NC); ~$97 (CC) ~$117/mo 10×10 ~$95–$152 (NC); $169 (CC) ~$127–$153/mo 10×15 ~$201 (NC); $217 (CC) ~$197–$226/mo 10×20 ~$261 (NC); $294 (CC) ~$287/mo