Little River, Miami MSA

This upcoming development will feature a Class A, 7-story self-storage facility offering 83,600 net rentable square feet and 959 climate-controlled units, complemented by 2,776 square feet of retail space on the ground floor. Managed by CubeSmart, a leading REIT operator in the U.S., this project benefits from high visibility along North Miami Ave, with an estimated 21,500 vehicles passing daily. Located just 1.5 miles from I-95, it provides excellent access to downtown Miami and vibrant neighborhoods such as the Design District, Midtown, and Wynwood.

With a population exceeding 181,216 within a 3-mile radius and a projected growth rate of 1%, the area’s high renter occupancy (56%) drives demand for self-storage solutions. Miami’s self-storage market features significant barriers to entry, including a 2,500-foot moratorium from existing facilities, ensuring a competitive advantage for this development as it contributes to the revitalization of Little River into a dynamic mixed-use community.