1720 N Pace Blvd Pensacola, FL 32505

This property is a self-storage facility located on North Pace Boulevard, benefiting from high visibility with an average annual daily traffic count of over 19,800 vehicles. The surrounding area has a dense population, with over 141,000 residents within a 5-mile radius. The facility features a diversified unit mix, including traditional drive-up units, two parking lots, and an office complex containing four commercial spaces. Recent upgrades include a replaced office roof, new A/C units, and a sealed and coated self-storage roof, with plans to complete this process on the remaining two buildings. There is an opportunity to standardize and raise below-market rents, as well as retrieve rental income from uncollected units. The property includes approximately 1.4 acres of dedicated open-field parking, presenting an expansion opportunity for boat and RV parking or additional storage buildings. The property size is 16,858 square feet.