Prepared for 3/12/2015
Properties for Sale 1
10895 NW 21 Street, Sweetwater, FL 33172 Property Details Price Building Size Lot Size Price/SF Property Type Property Sub-type Property Use Type Cap Rate No. Stories Tenancy Year Built Clear Ceiling Height Features
Status
$1,950,000 23,267 SF 0.96 AC $83.81 /SF Industrial Self/Mini-Storage Facility Investment 9.94% 2 Single 2005 15 FT Fenced Yard Electricity/Power Sprinklers Active
Property Notes
Property Description Marcus & Millichap is proud to present 10895 NW 21st Street. Miami Mini Storage is a 23,267-square foot self-storage facility situated on 42,000 square feet of land in Doral, Florida. The subject property was built in 2005 and is currently25 percent occupied. This investment has 190 self-storage units, ranging from 25 to 800 square feet. The property is 75percent climate-controlled.The subject property is situated on NW 21st Street and NW 109th Avenue, just off of NW 25th Street, a main road inDoral. The property is minutes from the Miami International Mall, the Dolphin Mall, and the brand new Ikea. Locatedin an affluent suburt of Miami, Doral and Sweetwater have seen a lot of growth over the past five years as there has beena steady supply of townhomes and condos coming to market. The billion dollar Downtown Doral mixed use project isjust a couple miles away. The location and value-added opportunity makes this asset attractive to any self-storageoperator seeking an quality asset in a great infill marketplace.
Location Description The demographics of the area surrounding Miami Mini Storage include over 130,000 people within a three-mile radiusand over 300,000 people within a five-mile radius.
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2
70 NE 80 TER, Miami, FL 33138 Property Details Price Lot Size Price/AC Property Type Property Sub-type Additional Sub-types Zoning Description Status
$1,200,000 0.63 AC $1,898,314.93 /AC Land Commercial/Other (land) Multifamily (land) Office (land) T5-O Active
Property Notes
Lots #
Price
Size
Price/Size
1
$1,200,000
0.63 AC
$1,898,314.93 /AC
Description
Property Description 27,536 sq. ft. development lot located one half block east of N. Miami Ave and one block north of NE 79th St. There is a temporary pre-fab building on the property that the current owner is leasing. The building is being used as a child care center with outside play area.
Location Description Zoned T5-O, the property is suitable for general commercial uses, self-storage or multi-family.
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3
4101 NW 25th Street, Miami, FL 33142 Property Details Price Building Size Lot Size Price/SF Property Type Property Sub-type Additional Sub-types
Property Use Type Occupancy Clear Ceiling Height Status
$7,200,000 47,550 SF 1.38 AC $151.42 /SF Industrial Warehouse Flex Space Office Showroom Self/Mini-Storage Facility Vacant/Owner-User 0% 21 FT Active
Property Notes
Property Description Flex space with offices, warehouse, showroom and loading docks.
Location Description Great exposure to Le Jeune and high traffic area due to driver's going into the airport's main rental car building. Lot faces both 25th & 26th street making it very accessible.
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Map
Map
3 miles © 2015 Microsoft Corporation © 2015 Microsoft Corporation
1
10895 NW 21 Street Sweetwater, FL 33172
2
70 NE 80 TER Miami, FL 33138
3
4101 NW 25th Street Miami, FL 33142
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