Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire CubeSmart Self Storage (Managed), a newly constructed, Class A facility located in the high-growth corridor of Mooresville, NC—part of the greater Charlotte MSA and one of the Southeast’s most dynamic submarkets. This institutional-quality asset offers investors the chance to acquire a brand-new facility in a rapidly expanding market supported by strong demographic trends, robust housing development, and proximity to Lake Norman. The property features 626 climate-controlled units totaling 64,970 net rentable square feet, situated on 3.3 acres. The expansive site offers flexibility for future expansion or alternative uses such as retail or boat/RV parking. Mooresville—known as Race City USA—has emerged as a leading suburban hub within the Charlotte region, driven by sustained population growth, high household incomes, and significant residential and commercial development. Strategically located along I-77 and near Lake Norman, Mooresville has evolved into a diverse economic center anchored by key industries including manufacturing, healthcare, logistics, retail, and technology. Major employers such as Lowe’s Companies contribute to ongoing job creation and continued in-migration, making Mooresville an increasingly attractive destination for residents, businesses, and investors.