ABCD Econo Storage, a 31,800-square-foot self-storage facility in Brooksville, Fla., recently sold for $710,000. Built in 2005, the facility features 28,295 square feet of rentable space and sits on 2.4 acres.
ABCD Econo Storage offers 178 self-storage units, including 66 that are climate-controlled. Site amenities include drive-up units, security cameras, computerized gate access, roll-up doors and a manager’s office.
Associate Adam Wides and Michael A. Mele, a first vice president of investments and senior director of Marcus & Millichap’s National Self-Storage Group in Tampa, Fla., marketed the property on behalf of the seller, a financial institution based in Alabama. Mele and Wides also represented the buyer, a private investor.
Marcus & Millichap specializes in commercial real estate investments. The company has more than 1,000 investment professionals in offices nationwide and closed more than 5,000 transactions last year.