CubeSmart Self-Storage (Managed) Charlotte, NC

Investment Summary

• Opportunity to Lease-Up a Brand New Class-A Facility in a Low Supply Market      

• Ability to Increase Rates by 16.5 Percent to Reach Market Levels

• Strong Economic Lease-Up of 25 Percent in the Past 10 Months

• Very Low Supply of 5.38 NRSF Per Capita in a Five-Mile Radius

• Facility is Ideally Situated Along Two Major Roadways Yielding 70,000 Vehicles Per Day

• Above Average Median Household Income of $95,000 in the One-Mile Radius

• High Population Growth of 2.33 Percent in the One-Mile Radius

• Only One Other Storage Facility Within 3-Mile Radius

• Located Next to Walmart and Other Popular Retailers

Net Rentable Square Feet
72,725 NRSF
Lot Size

7.37

Unit Count
604
Year Built
2021

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