JACKSONVILLE, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Mandarin Mini Storage (top left photo), a 52,800-square foot self-storage facility located in Jacksonville, Fla., according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $1,250,000.
Michael A. Mele (lower left photo), first vice president investments, and senior director of the National Self-Storage Group in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a REIT. The California-based buyer, a limited liability company, was secured and represented by Mele.
Mandarin Mini Storage is located at 10601 San Jose Boulevard. This investment consists of eight one-story buildings which were constructed in 1977. The facility offers 546 units, 12 of which are parking spaces. The units range from 50 to 200 square feet. Amenities include roll-up doors, drive-up units, wide driveways, gated entry and a manager’s office.
Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700
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