EXTRA SPACE STORAGE(MANAGED)

Austin McLeod with Matthews^™ has been exclusively hired to market for sale a physically stabilized self-storage facility totaling ±97,620 net rentable square feet in Orlando, FL, the 20th largest MSA in the country. The facility was opened in May 2023 and is currently managed by Extra Space Storage, offering an optimal unit mix with diverse options for customers, including drive-up non-climate-controlled units, ground-level climate-controlled units, and elevator-accessed units.

The facility is 96.6% occupied today and has not dipped below 91.9% at any point over the last thirteen months, demonstrating very strong demand at this location. That demand has translated directly to top-line revenue, as rental income has increased 29% over the trailing twelve months, with monthly revenue growing by $28,337 year-over-year. Meaningful rental rate upside remains for a new owner as achieved rents at the other REIT-managed stores nearby, along with in-place rents on tenants who have occupied their units for more than a year, both support $18 – $19 rents per foot at stabilization. The property also benefits from strong visibility on Orange Blossom Trail, with more than 60,000 vehicles per day passing directly by the site.

The trade area has more than 113,400 residents currently living within three miles of the property at a density of nearly 4,700 people per square mile, and renters make up 68.3% of households within three miles (29,148 of 42,673). Population within three miles is projected to grow 1.70% annually in the coming years, reaching 114,311 by 2030 (+8.3%), while households are projected to rise from 39,201 to 42,673 (+8.86%). Fourteen residential projects totaling 2,701 units and $718 million of investment are planned or under construction.

The Call for Offers date is set for Wednesday, October 14th, 2026. Please contact Austin McLeod directly to discuss pricing guidance and gain access to the deal room.