Call for Offers Due: December 10, 2025
This offering presents a rare opportunity to develop a premier Class A self-storage facility in Kendall, one of Miami’s most dynamic and rapidly growing suburban markets. The proposed project includes benefits from high visibility from SW 136th Street and is located between a heavily trafficked U-Haul Moving Truck Center and a new Subaru car dealership which is currently in planning stages of development by Zinn Motors. Additionally, the site is strategically positioned near major retail anchors including multiple Publix shopping centers encompassing Walgreens, Advanced Auto Parts, and Baptist Care centers as well as major car dealers Toyota/Lexus, Mazda, and Jeep/Chrysler/Dodge.
Kendall’s strong demographics—anchored by over 123,000 residents within three miles and an average household income exceeding $126,000—underscore the area’s affluence and steady population growth. The market’s low self-storage supply per capita (4.38) and strong rental rates indicate strong unmet demand for quality storage space. Within a mile of the site will be the expansive City Park master-planned development, which will bring thousands of new residences with 7,800 mixed single and multi-family homes and nearly two million square feet of commercial space to the area. Additionally, the Greater Miami Expressway Agency (GMX) recently announced forward movement with the proposed SR 836-SW Kendall Parkway extension, which is currently slated to offload traffic onto SW 136th Street, enhancing accessibility and positioning the property along a key future transportation corridor.
The fully site plan approved project, is zoned by right (IU-C) and includes a 122,994 GSF Class A climate controlled self-storage building. Currently, the month-to-month tenant pays $8,500.
This project is ideally timed to capture Miami’s ongoing wave of residential, commercial, and roadway expansion, particularly in Kendall’s increasingly vibrant corridor.
