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Marcus & Millichap is pleased to offer for sale Malabar Mini Storage located in Palm Bay, Florida. This property plans to feature 612 climate-controlled units totaling 73,300 net rentable square feet. This facility will benefit from a dense and rapidly growing surrounding population. Malabar Mini Storage will sit on 4.93 acres of land and will be located about six miles south-west of Melbourne, Florida.

See marketing package for demographics.

• Florida Atlantic Coast Class A Self Storage Offering
• Located Right Off of I-95 on the Very Busy Malabar Road in Palm Bay
• 73,300 Net Rentable Square Feet
• 612 All Climate Controlled Units
• Strong Market Rents
• New Ground Up Development That is Targeted to Open in April 2024
• Phase II Expansion Opportunity
• Only Two Other Open Facilities Within Three Miles That Have Been Built Since 2001
• Rapidly Growing Market: Over 52% Population Growth Since 2000
• 139,447 People Living Within a Five Miles Radius | 59,927 Within Three

The Hatcher Coe Group
500 Neil Ave • Suite 100
Columbus, OH 43215

 

info@hatchercoegroup.com





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