- Property size 45,759 ft2
200 NW 79th Street - alternatives for sale
The property is situated along the south side of NW 79th Street, between NW 2nd Court and NW 2nd Avenue in Miami, Miami-Dade County, Florida. The location is approximately 0.30 miles east of I-95.
Total – +/- 1.11 acres (48,435 square feet); Storage – +/- 0.88 acres (38,235 square feet); +/- 0.23 acres (10,200 square feet).
+/- 250 feet along the south side of NW 79th Street
Traffic Count -
+/- 36,000 cars per day
Water and sewer services are provided by Miami-Dade County. Stormwater infrastructure is maintained by the City of Miami. Electric service is provided by Florida Power and Light.
Year Built -
The building was originally constructed in the 1950’s and was converted to self storage in 2003.
Construction Detail -
The facility is comprised of a single one-story building. The foundation is concrete slab on grade. The supporting structure is steel framing supporting concrete block construction. The roof deck is 4" thick fiber reinforced concrete with a single ply membrane on top.
There is no apartment at the facility.
Office - The facility has a retail oriented customer service office which is approximately 500 square feet in size.
Climate controlled –
The self storage facility is 100% climate controlled.
Features and Amenities -
The facility has electronic access control, secure fencing (parking site), 24-hour video surveillance, climate controlled units and a retail oriented customer service office which sells packing and shipping supplies.
The site operates on a 100 hour per week schedule with a full-time general manager and property manager and a part time janitor/maintenance person.
The facility uses Centershift/Yarid management software.
The facility is equipped with a 24-hour vides surveillance system which includes 24 cameras, two DVRs and three monitors.
Operation Hours – Office -
Monday through Saturday – 8:30 am to 5:30 pm; Sunday - 10:00 pm to 4:00 pm. Access - Monday through Saturday – 8:30 am to 5:30 pm; Sunday - 10:00 pm to 4:00 pm.
- Dense Urban Location – The property is situated in a densely populated urban area with over 28,000 residents within one mile of the property and over 197,000 residents within three miles of the property. There are over 11,000 multifamily residential units either proposed or under construction within three miles of the property.
- Solid Construction with Expansion Potential – The self storage facility is comprised of sturdy concrete block construction which has withstood multiple generations of unpredictable Miami weather. The roof deck is 4" thick fiber reinforced concrete with a single ply membrane on top. It was constructed in 2003 and was designed and engineered to support the addition of a second level which would add approximately 17,000 rentable square feet.
- Excellent Visibility – The self storage site has approximately 250 feet of frontage along NW 79th Street, a high traffic commercial arterial with a traffic volume exceeding 36,000 cars per day. NW 79th Street is situated approximately 0.30 miles east of I-95 and provides local residents with direct access to the freeway.
- Assumable Loan – The offering is subject to the purchaser’s assumption of an existing loan, a summary of which is provided in the table to the right.