7000 IRIS AVE Sarasota FL 34243-3904

This fully stabilized self-storage facility presents investors with an exceptional opportunity to acquire a high-performing asset in the heart of one of Florida’s fastest-growing regions. The facility is currently self-managed remotely by the owner, offering significant upside through professional man­agement, marketing, and revenue optimization. Located on 3.25 acres in Sarasota, the property features 4 well-maintained buildings totaling 47,000 GSF and includes 130 rentable storage units and 10 RV and boat parking spaces. The facility is fully fenced and secured with cantilever gates and Opentech access controls as well as AI enabled security cameras.

Recent improvements include freshly seal-coated drive aisles; installation of new metal partitions in Buildings A, B, and C; new wind-rated Janus roll up doors; new door trim on Buildings A and B; replacement of the old PTI gate system with a new Opentech gate system; and roof upgrades including a comprehensive screw replacement program and removal of transparent roof panels.

With a strong historical occupancy rate above 90%—currently at 93%—the facility provides reliable cash flow supported by consistent demand. Strategically positioned between Bradenton and Sarasota, the property benefits from excellent visibility on Whitfield Avenue and immediate access to U.S. Highway 301. The surrounding trade area boasts over 69,000 residents within three miles, with average household incomes of more than $84,000, underscoring the area’s strong consumer base.

• Fully Stabilized Remotely-Managed Self Storage Facility situated on 3.25 acres in Sarasota, Florida

• 4 buildings totaling 47,000 GSF with 130 units and 10 RV/Boat parking spaces

• Fully fenced, lit, and secure with AI-enabled security cameras and cantilever gates using Opentech access controls

• Consistently high occupancy—currently 93%, maintaining over 90% occupancy historically

• Excellent visibility along Whitfield Avenue, which sees 8,200 vehicles per day

• Strategic access to U.S. Highway 301, with 41,000 vehicles per day

• Strong local demographics—over 69,000 residents within a 3-mile radius and an average household income exceeding $84,000

• Recent improvements include freshly seal-coated drive aisles, new Janus wind-rated roll-up doors, new metal partitions, and a comprehensive screw replacement program on the roofs

• Prime location between Bradenton and Sarasota, positioned to serve both growing communities.

• Self-managed remotely by the owner, offering upside potential through professional management, marketing, and revenue optimization