CubeSmart Self Storage (Managed) – Colorado Springs, CO

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Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

• Opportunity to Lease Up a Newly-Constructed Class A Facility in the Affluent Colorado Springs Market

• Incredibly Fast Lease-Up Velocity of 45 Percent in the 10 Months Since Opening

• Ability to Increase Rental Rates by 12 Percent to Reach Market Levels

• Phase Two of 23,000 NRSF being Delivered on Sale

• No Other Facilities Under Construction or Being Developed in a One-Mile Radius

• Very Low Supply of 6.11 NRSF Per Capita in a Three-Mile Radius

• Subject is Located in a Wealthy Submarket Boasting Median Household Incomes of $129,000

• Strong Population Growth of 6.2 Percent in the One Mile and 3.1 Percent in the Three-Mile Radius

• Colorado Springs is Established as their Own Principal City of the Metro Area

Address

9795 Nautilus Pt, Colorado Springs, CO, 80924

Price

TBD by Market

Pro Forma NOI

$1,241,050

Net Rentable Square Feet
105,870 NRSF
Lot Size

6.72

Unit Count
681
Year Built
2021
Status

Active

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