Marcus & Millichap is pleased to offer for sale the exclusive listing on a storage development opportunity in Miami, Florida. The site is located at 75 NW 183rd Street in Miami and is zoned and approved for self-storage. The plans call for 69,350 net rentable square feet.
The offering is comprised of 0.5 acres right off of Interstate 95. This site is located in a densely populated area, in between Fort Lauderdale and Miami. The strong and growing demographics reiterate the need for a new Class A self storage facility. As of 2016, there are over 555,000 people in a 5-mile radius and over 200,000 people in a 3-mile radius. By the year 2021, the Miami, FL metro is expected to add nearly 140,000 people, creating the need for further development.