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Self-Storage Facility

CubeSmart Self Storage (Managed) - Rockford

3720 E State St, Rockford, IL 61108

Listing Price: $6,950,000

Cap Rate
5.83%
Number of Units
418
Occupancy
86.0%
Rentable SF
59,193
Price/Rentable SF
$117.41
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) in Rockford, Illinois. This facility features 418 climate-controlled units that make up 59,193 net rentable square feet. There are also three retail tenants. The facility opened in 2020 and is in an area with high daily traffic counts and a dense surrounding population.

Investment Highlights

  • Rockford, Illinois All Climate-Controlled Self-Storage Facility
  • Opened in September 2020
  • Excellent Location and Street Frontage
  • Extremely High Daily Traffic Counts: 23,000 Cars per Day

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Self-Storage Facility

CubeSmart Self Storage (Managed) - Rockford

Listing Price: $6,950,000

Cap Rate
5.83%
Number of Units
418
Occupancy
86.0%
Rentable SF
59,193
Price/Rentable SF
$117.41
Year Built
1980

Investment Highlights

  • Rockford, Illinois All Climate-Controlled Self-Storage Facility
  • Opened in September 2020
  • Excellent Location and Street Frontage
  • Extremely High Daily Traffic Counts: 23,000 Cars per Day

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) in Rockford, Illinois. This facility features 418 climate-controlled units that make up 59,193 net rentable square feet. There are also three retail tenants. The facility opened in 2020 and is in an area with high daily traffic counts and a dense surrounding population.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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