230 Oxford Road
Fern Park, FL 32730 ·
46,750 SF · Industrial For Sale
|Price||N/A||Property Use Type||Investment|
|Building Size||46,750 SF||Cap Rate||6.01%|
|Property Sub-type||Self/Mini-Storage Facility||Clear Ceiling Height||0 ft.|
|Listing ID: 17938212||Date Created: 12/05/2012||Last Updated: 01/30/2013|
Oxford Self Storage is a self-storage investment opportunity located in Fern Park, Florida. The property has 46,750 net rentable square feet and is situated on 4.06 acres of land. This investment was constructed in 1999 and has 420 storage units of which 169 are climate-controlled, 218 are nonclimate controlled and 33 are parking spaces. The sizes of the storage units range from 25 to 400 square feet. This asset offers many amenities such as electronic gate access, truck rental and moving supplies.
With the 33 parking spaces, Oxford provides a potential investor with an on-site expansion possibility of over 8,000 square feet. By converting these spaces to self-storage, knowledgeable investors can increase the number of units as well as variety of storage offered. Not only can a potential investor expand on this parcel, but a second parcel can be purchased as a separate agreement. The second parcel is contiguous to the property and consists of 7.11 acres of land with four acres ready to build.
Oxford Self Storage is conveniently situated on Oxford Road, adjacent to Highway 17/92 and State Road 436. Oxford Road has average traffic counts of 10,000 per day, while State Road 436 has traffic counts of 64,000 per day. Oxford is located in a densely populated area with over 235,000 residents in
a five mile radius and a daytime work population of over 150,000. The property is approximately three and a half miles from interstate 4 and is in close proximity to many apartment buildings, residential communities and thriving shopping centers.
The facility is found in Seminole County, just north of Orange County and the Orlando Metropolitan Statistical Area (MSA). It is one of the fastest growing markets in the country and according to the new Economic Development Council it is focused on supporting a comprehensive business infrastructure
including business retention and expansion, making it a very desirable county for self-storage owners.
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