SunCo Self Storage In Spring Hill

Well-located value-add self storage investment in Spring Hill, Florida, within the highly desirable Tampa Bay MSA, offering immediate income with strong upside through lease-up and rental rate growth. SunCo Storage – Spring Hill comprises 129 total units, including 108 traditional self-storage units and 21 outdoor parking spaces, across approximately 12,125 gross square feet. The facility is positioned for revenue growth by increasing below-market rents to market levels and continuing lease-up activity. The diverse unit mix supports stable occupancy and appeals to both residential and small business customers. Situated on ±1.60 acres, the property is secured with perimeter fencing, gated entry, and security cameras, allowing for efficient remote management. The facility is strategically located along U.S. Route 19 (Commercial Way) near Cortez Boulevard (FL-50), two primary corridors with over 34,500 vehicles per day, delivering exceptional visibility, convenient access, and consistent exposure to local residents and commuters. Approximately 75,601 residents live within five miles, with a favorable 3.26 square feet per capita within a one-mile radius. Spring Hill is part of the growing Tampa Bay metropolitan area and is home to over 120,000 residents. Consistent in-migration, retirees, and workforce households continue to drive demand for housing and storage solutions. Florida’s lack of state income tax, strong population growth, and limited in-home storage options further support long-term self storage demand. This is an excellent opportunity to acquire a well-maintained self storage asset in a high-growth Florida market with clear upside potential and strong demographic fundamentals.