The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Tampa Bay 2-Property Self Storage Opportunity.

This offering presents a rare chance to acquire two well-established self-storage properties located just 1.7 miles apart in South Tampa’s Fair Oaks and Sun Bay South neighborhoods. Delivered in 1986 and 1962, the assets total 90,816 rentable square feet across 1,057 units, with a mix of non-climate (50%), drive-up (29%), climate-controlled (21%), and a small percentage of specialty units. As of October 2025, the properties were 78.9% physically occupied with T-12 in-place rents of $19.80 per square foot.

According to the Tampa Economic Development Council, Tampa has experienced exceptional growth since 2019, with GDP increasing more than 40%, population surging, and billions in private investment transforming the city. Landmark projects such as Water Street Tampa ($3B), Midtown Tampa ($500M), Westshore Marina District, the upcoming Westshore Mall redevelopment, and Britton Plaza’s planned transformation are creating vibrant mixed-use hubs that attract residents and businesses alike. Additional developments—including The Pendry Downtown, Gasworx, Rome Yard, and Tampa International Airport’s expansion—remain in the pipeline, reinforcing long-term population and economic growth.

This sustained momentum drives strong demand for housing, retail, and—critically—self-storage, making these two properties a strategic investment in one of the Southeast’s fastest-growing Top 20 MSAs. The assets offer investors significant in-place cash flow in core South Tampa locations with low-hanging fruit value-add opportunities, including converting non-climate units to climate-controlled, simplifying the unit mix, and improving signage. Additionally, operational efficiencies can be captured by running the Fair Oaks property as an annex to Sun Bay South. The combination of prime location and clear upside potential positions these properties for near- and long-term revenue growth and capital appreciation.