Space Shop Self Storage (Managed)

Rare opportunity to acquire a Class A facility close to downtown Sarasota – only five self-storage facilities with Sarasota addresses in the last 5 years have traded (excluding the Life Storage – Extra Space merger)
Exceptional population growth projections in the immediate trade area – estimated at 3% annually for the next five years
Current 3-mile population of 96,386 people is expected to grow to 119,049 people by 2030
Very limited amount of larger units (sizes 200+ SF) in this market and very high occupancy at this facility for the larger units, with low in-place rents compared to market.
Opportunity to push those tenants by over 30% very quickly
48 net rentals in 2026 YTD through February 2026
Average household incomes in a 3-mile radius above $94k and over $101k in a 5-mile radius
Direct road frontage and access on 17th Street, seeing over 18,700 vehicles per day
Sarasota County issued 4,532 housing permits in 2025 and 4,437 permits in 2024
Over 15,000 residential units in the development pipeline within a 5-mile radius of the facility totaling over $5B in estimated value (according to TractIQ)
Located next to a Walgreens and AutoZone, under a mile from a Publix, and 2.53 miles from a Whole Foods

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