Condev RV & Boat Storage - Vero Beach
Self Storage | 250 Units
Marketing description
MORE INFO / VIEW OFFERING MEMORANDUM:https://selfstorageadvisory.com/properties/condev-rv-and-boat-storage/
CBRE's Self Storage Advisory Group is retained as the exclusive listing advisor for Condev RV & Boat Storage, which consists of 250 units distributed across 58,385 net rentable square feet of covered parking spaces and 52,860 net rentable square feet of uncovered parking spaces. The facility offers many valuable on-site amenities including an ice machine, air & vacuum station, dump station, 2 wash stations, an electric boat & trailer caddy, and a large Generac generator on auto switch to power the facility and provide backup power. Security is strong at Condev RV & Boat Storage with more than 25 security cameras and a second backup system at Gates & Front Road. The manager is a retired sheriff and uses off-duty sheriffs in his absence, enhancing the on-site security. The property is located in a growing region boasting strong income, with 6,482 future residential units in the development pipeline and a household income average of $123,774 within a 5-mile radius.
Vero Beach, Florida is a coastal Treasure Coast city with a diversified and steadily expanding economy supported by aviation manufacturing, healthcare, tourism, and regional logistics, positioning it well for long‑term growth. Higher education is anchored by Indian River State College’s Mueller Campus in Vero Beach, providing a strong workforce pipeline. Vero Beach benefits economically from proximity to the Port of Fort Pierce, which is undergoing modernization and private investment tied to shipbuilding and megayacht services, a program expected to create 1,500+ jobs and millions in regional economic impact, strengthening logistics and marine‑industry employment across the Treasure Coast. The former Naval Air Station Vero Beach, now redeveloped into the municipal airport and aviation industrial hub, continues to support aerospace employment and investment. Looking ahead, Indian River County is advancing airport expansion, infrastructure upgrades, and targeted industrial recruitment, complemented by business incentives aimed at aviation, life sciences, clean energy, and technology, collectively supporting thousands of future jobs and hundreds of millions of dollars in planned public and private investment, underscoring Vero Beach’s strong outlook for sustainable economic and employment growth.
Investment highlights
- Strategic Florida Coastal Location: Positioned in Vero Beach, a High Boat and RV Ownership Market along Florida's Treasure Coast, Benefiting from Year-Round Recreational Demand Driven by Proximity to the Atlantic Ocean, Indian River Lagoon, and Regional Marinas
- Growing Region with Strong Income: 6,482 Future Residential Units in the Development Pipeline with a household income average of $123,774 (5-Mile Radius)
- Accelerating In-Migration Trends: Indian River County Benefits from Continued Population Growth Fueled by In-Migration from the Northeast and Midwest, Supporting Expanding Recreational Asset Ownership
- Access to Regional Transportation Corridors: Convenient Access to US-1, FL-60, and Interstate 95 Enhances Market Reach and Accessibility for Customers throughout Indian River County and Surrounding Coastal Communities
- Distinct Competitive Advantage: There is Very Limited Covered Parking Supply in the Vero Beach Region, with the Nearest Competitor (Fortress RV & Boat Storage) Located Over 21 Miles from the Subject Property
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