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Self-Storage Facility

CubeSmart Self Storage (Managed)

3549 Church St, Clarkston, GA 30021

Listing Price: $16,100,000

Cap Rate
1.68%
Number of Units
837
Occupancy
46.6%
Gross SF
78,635
Rentable SF
78,635
Price/Rentable SF
$204.74
Year Built
2019

Investment Overview

Marcus & Millichap is pleased to offer for sale Cubesmart Self Storage (Managed) located in Clarkston, Georgia. The facility opened in January 2019 and features 837 climate-controlled units totaling 78,635 net rentable square feet. They are currently 80 percent physically occupied. The property is fully secured with keypad entry, 24-hour video surveillance, and an on-site professional management office.

The location of this facility benefits from an extremely dense, affluent, and growing surrounding population. They are just about 15 miles from downtown Atlanta and conveniently located right off I-285 which provides easy access to and from the facility for customers. The property is surrounded by many office buildings, retail stores, restaurants, schools, churches, and residential neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 5,000 cars per day off of Church Street.

CubeSmart Self Storage (Managed) is being offered for $16,100,000 or $204.74 per rentable square foot.

Investment Highlights

  • Newly Built, Four-Story All Climate-Controlled, Class-A Facility
  • 78,635 Net Rentable Square Feet
  • 80 Percent Physical Occupancy
  • 837 Climate-Controlled Units
  • Atlanta, Georgia MSA Self Storage Offering

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Self-Storage Facility

CubeSmart Self Storage (Managed)

Listing Price: $16,100,000

Cap Rate
1.68%
Number of Units
837
Occupancy
46.6%
Gross SF
78,635
Rentable SF
78,635
Price/Rentable SF
$204.74
Year Built
2019

Investment Highlights

  • Newly Built, Four-Story All Climate-Controlled, Class-A Facility
  • 78,635 Net Rentable Square Feet
  • 80 Percent Physical Occupancy
  • 837 Climate-Controlled Units
  • Atlanta, Georgia MSA Self Storage Offering

Investment Overview

Marcus & Millichap is pleased to offer for sale Cubesmart Self Storage (Managed) located in Clarkston, Georgia. The facility opened in January 2019 and features 837 climate-controlled units totaling 78,635 net rentable square feet. They are currently 80 percent physically occupied. The property is fully secured with keypad entry, 24-hour video surveillance, and an on-site professional management office.

The location of this facility benefits from an extremely dense, affluent, and growing surrounding population. They are just about 15 miles from downtown Atlanta and conveniently located right off I-285 which provides easy access to and from the facility for customers. The property is surrounded by many office buildings, retail stores, restaurants, schools, churches, and residential neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 5,000 cars per day off of Church Street.

CubeSmart Self Storage (Managed) is being offered for $16,100,000 or $204.74 per rentable square foot.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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