Physically Stabilized South FL Self-Storage | Fort Lauderdale MSA
5370 S University Dr Davie, FL 33328

Sold
Price
Market Bid
NRSF
64,490
Davie, FL
Core
Physically stabilized facility located in the densely populated Miami metro area, which is home to nearly 6.2 million residents
On-site apartment to easily manage property
Excellent Visibility from S University Dr (47,000 AADT) close to restaurants and residential housing
High barriers to entry in the FTL storage market
State-of-the-art security, including video surveillance and keypad entry
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 the Physically Stabilized South Florida Self-Storage  Opportunity, a property located in the Fort Lauderdale/Miami metro area.

Acquire a physically stabilized 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 4.5-acre lot along the heavily trafficked S University Dr, which sees 47,000+ vehicles each day. Dunkin’,
Target, Burger King and a host of new multifamily developments are located nearby. This 64,490 square-foot structure easily serves nearby residents with 666 rentable units. For confidence and convenience, the facility features a state-of-the-art security system, with climate-controlled, drive-up and parking units available.

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 booming South Florida.




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