We are pleased to offer Florosa Mini Storage. Located on the main thoroughfare of I-98 with heavy traffic counts all day long. Florosa offers diversified income sources from Uhaul to sought-after Retail Units, Climate Controlled Storage and Drive Up Storage. It is centrally located in support of multiple Naval Bases and the Navarre and Fort Walton markets. It is also well known for vacationers with the rich beaches on all sides. The location has a strong staying power in any economy. The property has offered below market rents to fill occupancy with significant upside compared to competitive rates.
The property has been renovated and occupancy filled easily by having a manager in the office. Some of the improvements include renovated retail spaces that all have very solid long-term tenants. A new office, painted buildings, new AC units, repaired drive paths and much more. The property currently sits at 95% occupancy with very low expenses each month. The owners are absent owners and the property functions very well with the full-time manager with very little oversight. Any site visit must be coordinated.
