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Buildings: Parcel 1: 11,492 SF - Warehouse Building 6,840 SF - 17 Unit Self Storage Parcel 2: 12,272 SF - 65 Unit Self Storage
Zoning: IT (Industrial Traditional)
Land: Parcel 1: 1.14 Acres Parcel 2: .57 Acres
Large fenced storage yard
Purchase Price: $1,800,000
No warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted subject to omissions, change
of price, rental or other conditions, withdrawal without notice, and to any other limitations imposed by our principals.
REVISED: 4/2/19
Contact: Ned Willis, Broker 727.823.1230 ext. 230 C: 727.481.3356 [email protected]
Excellent investment opportunity located in the heart of St. Petersburg. This offer-ing features two separate properties that consist of a 11,492 SF warehouse build-ing and three additional self storage buildings with 82 units. The self storage is currently 83% occupied with mostly long term tenants. The warehouse build-ing is currently 82% occupied to a single tenant with 2.5 years remaining on the lease term. This is a value add invest-ment opportunity with positive upside potential.
Investment Opportunity INDUSTRIAL/SELF STORAGE FOR SALE
3300 28th Street North, St. Petersburg, FL 33713 3500 Morris Street North, St. Petersburg, FL 33713
125 5th Street South, Suite 201, St. Petersburg, FL 33701 | 727.823.1230 | www.VectorRealty.com
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Parcel 1
Parcel 2
No warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted subject to omissions, change
of price, rental or other conditions, withdrawal without notice, and to any other limitations imposed by our principals.
REVISED: 4/2/19
Investment Opportunity INDUSTRIAL/SELF STORAGE FOR SALE
3300 28th Street North, St. Petersburg, FL 33713 3500 Morris Street North, St. Petersburg, FL 33713
3300 28th Street North
Size # of Units Rate Monthly Rent
10 X 24 1 $175 $175
14 X 24 4 $195 $780
15 X 30 4 $225 $900
*28 X 24 1 $375 $375
*30 X 30 2 $425 $850
*30 X 34 1 $450 $450
13 Units $3,530.00
3300 28th Street North (Storage Units) Actual Income & Expenses
Annual Income $37,980
Expenses (Taxes, Insurance, Repairs, Utilities) $13,882
NOI $24,098
3300 28th Street North (Warehouse)
Total SF 11,492 SF
Rentable 9,300 SF
Leased SF 7,620 SF 3 year term expires 1/15/22
Available SF 1,680 SF Currently occupied by owner
Annual Income $47,100 Average over 3 years
Estimated Roof Repair $3,000 Other expenses are included
NOI $44,100 in the storage units expenses.
*Double Units New rates based on 100% occupancy.
3500 Morris Street North
Size # of Units Rate Monthly Rent
5 X 10 18 $50 $900
7 X 10 1 $60 $60
8 X 10 12 $70 $840
10 X 25 24 $175 $4,200
12 X 25 4 $175 $700
15 X 25 2 $180 $360
625 SF 4 $250 $1,000
65 Units $8,060.00
New rates based on 100% occupancy.
65 total units
14 vacant units (78% occupancy)
Actual Income & Expenses
Annual Income $60,714
Expenses (Taxes, Insurance, Repairs, Utilities)
$20,338
NOI $40,326
No warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted subject to omissions, change
of price, rental or other conditions, withdrawal without notice, and to any other limitations imposed by our principals.
REVISED: 4/2/19
Investment Opportunity INDUSTRIAL/SELF STORAGE FOR SALE
3300 28th Street North, St. Petersburg, FL 33713 3500 Morris Street North, St. Petersburg, FL 33713
3300 28th Street North
3300 28th Street North
3300 28th Street North
3500 Morris Street North
3500 Morris Street North
3500 Morris Street North
No warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted subject to omissions, change
of price, rental or other conditions, withdrawal without notice, and to any other limitations imposed by our principals.
REVISED: 4/2/19
Investment Opportunity INDUSTRIAL/SELF STORAGE FOR SALE
3300 28th Street North, St. Petersburg, FL 33713 3500 Morris Street North, St. Petersburg, FL 33713
3300 28th Street North Warehouse
No warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted subject to omissions, change
of price, rental or other conditions, withdrawal without notice, and to any other limitations imposed by our principals.
REVISED: 4/2/19
Downtown St. Pete
I-275
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34th Street North
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Tropicana Field
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