Investment Overview

Marcus & Millichap is pleased to exclusively present CubeSmart Self Storage (Managed) in Monroe, Michigan. This offer allows investors the unique opportunity to acquire a state-of-the-art, recently opened conversion site in a landmark location. The facility offers 56,976 rentable square feet across 578 climate-controlled units. This CubeSmart Self Storage third-party managed site opened in April 2024 and is located in The Mall of Monroe and less than one mile from Monroe’s main retail corridor (Walmart Supercenter, Meijer, Lowe’s). Northwest of the property is the Port of Monroe, serving as the gateway to the state and Michigan’s only port of Lake Erie. The city of Monroe is located about 17-miles north of Toledo, Ohio and about 35-miles south of Detroit and is part of the Detroit-Ann Arbor-Flint combined statistical area. Monroe’s location on the west shore of Lake Erie and its River Raisin made it a natural crossroads for food and transportation that attracted the Potawatomi Tribe of Indians who first lived in Monroe. Besides being home to many historical sites and figured, such as George Armstrong Custer, Monroe has numerous natural resources and attractions.