New Construction Class-A Storage | Fort Lauderdale MSA
4255 Davie Road Extension Hollywood, FL 33024

Sold
NRSF
58,813
Hollywood, FL
Core
Brand-new facility located in the densely populated Miami metro area, which is home to nearly 6.2 million residents
Excellent Visibility from Davie Road (16,200 AADT) & Stirling Rd (40,500 AADT)
High barriers to entry the FTL storage market
Modern structure located along busy Davie Road close to restaurants and residential housing
State-of-the-art security, including video surveillance and keypad entry system
Apartment demand has surged in Broward County over the past several quarters, and the local multifamily sector is in a historically strong position

The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of a property located in the Fort Lauderdale/Miami metro area.

Acquire a brand-new self-storage property in the densely populated southeast Florida metropolitan area. With a population of nearly 6.2 million, Southeast Florida reported nearly 20 percent growth since the 2010 census and is consistently ranked as one of the fastest-growing cities in the nation. Davie, FL is a principal city within this metro and is located just 6 miles west of Fort Lauderdale 24 miles north of downtown Miami.

The self-storage facility listed in this sale is situated on a 1.2-acre lot along the heavily trafficked Davie & Stirling Roads, which see a combined total of 55,000+ vehicles each day. Wawa, MacDonald’s and a host of new multifamily developments are located nearby. Slated for completion this summer, the 58,813  square-foot structure easily serves nearby residents with 583 rentable units. For confidence and convenience, the facility features a state-of-the-art security  system and  climate-controlled units to protect against South Florida’s humidity.

As the densely populated city of Miami continues to expand, neighboring cities like Davie are poised for continuous growth. For a savvy investor, this self-storage opportunity allows an investor to acquire a brand-new business in the booming South Florida region.




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