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Fort Myers MSA, Brand New, Class A Self Storage Offering

POPULATION
In 2022, the population in your selected geography is 148,594. The population has changed by 107.9 percent since 2000. It is estimated that the population in your area will be 159,929 five years from now, which represents a change of 7.6 percent from the current year. The current population is 48.5 percent male and 51.5 percent female. The median age of the population in your area is 44.0, compared with the U.S. average, which is 38.6. The population density in your area is 1,895 people per square mile.

HOUSEHOLDS
There are currently 56,682 households in your selected geography. The number of households has changed by 113.1 percent since 2000. It is estimated that the number of households in your area will be 61,453 five years from now, which represents a change of 8.4 percent from the current year. The average household size in your area is 2.6 people.

INCOME
In 2022, the median household income for your selected geography is $66,301, compared with the U.S. average, which is currently $66,422. The median household income for your area has changed by 51.6 percent since 2000. It is estimated that the median household income in your area will be $75,131 five years from now, which represents a change of 13.3 percent from the current year.
The current year per capita income in your area is $31,131, compared with the U.S. average, which is $37,200. The current year’s average household income in your area is $81,433, compared with the U.S. average, which is $96,357.

EMPLOYMENT
In 2022, 80,036 people in your selected area were employed. The 2000 Census revealed that 61.2 percent of employees are in white-collar occupations in this geography, and 38.8 percent are in blue-collar occupations. In 2022, unemployment in this area was 4.0 percent. In 2000, the average time traveled to work was 22.2 minutes.

HOUSING
The median housing value in your area was $253,135 in 2022, compared with the U.S. median of $250,735. In 2000, there were 21,369 owner-occupied housing units and 5,234 renter-occupied housing units in your area. The median rent at the time was $585.

EDUCATION
The selected area in 2022 had a higher level of educational attainment when compared with the U.S averages. Only 6.8 percent of the selected area’s residents had earned a graduate degree compared with the national average of 12.3 percent, and 15.2 percent completed a bachelor’s degree, compared with the national average of 19.7 percent.

The number of area residents with an associate degree was higher than the nation’s at 9.7 percent vs. 8.4 percent, respectively.

The area had more high-school graduates, 36.5 percent vs. 27.1 percent for the nation. The percentage of residents who completed some college is also higher than the average for the nation, at 22.7 percent in the selected area compared with the 20.4 percent in the U.S.

• Fort Myers MSA, Brand New, Class A Self Storage Offering
• Opened on July 1, 2023
• 102,345 Net Rentable Square Feet
• Mix of NCC & CC Units
• Located in the Dense & Rapidly Growing Market of Cape Coral
• Over 107% Population Growth Since the Year 2000 Within a Five-Mile Radius of the Facility
• Cape Coral Currently Has a Moratorium on Self Storage
• Excellent Location & Street Frontage
• High Daily Traffic Counts: 35,000 Cars/Day

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