Extra Space Storage (Managed)

• Physically stabilized, 97,620 rentable square foot facility in the Orlando MSA – the 20th MSA in the country
• Occupancy has not dipped below 91.9% in the last 13 months, with occupancy today at 96.6%, showcasing extremely strong demand for this location
• Strong traffic counts with over 60,000 vehicles per day passing by the facility
• Favorable achieved rents at the REIT managed stores nearby, as well as for the tenants that have occupied their units for over a year
• Rental income has increased by 29% in the last 12 months, with monthly revenue increasing by $28,337 YoY (July 2026 compared to August 2025)
• 1.70% annual population growth projected each year for the next five years
• Dense surrounding population with over 105,000 residents currently living within 3-miles of the property
• Over $7.8B worth of residential developments showing in the development pipeline within 5-miles of the property
• Optimal unit mix with diverse storage solutions for customers, including drive-up non-climate and ground-level climate controlled units
• Fourteen residential projects totaling 2,701 units and $718M of investment are planned or under construction within three miles, including Millenia Park (960 units), The Alton (256 units), Millenia Park Condos (240 units), Madison Landing (196 units, 0.27 mi), and Osprey Sound (109 units)
• Renters make up 68.3% of households within three miles
• Orlando leads the nation in job, population, and GDP growth: the metro added 20,600 jobs in the 12 months ending June 2026 — more than Miami, Tampa, and Jacksonville combined — on 1.4% payroll growth versus 0.3% nationally, and gained nearly 38,000 residents between July 2024 and July 2025