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Self-Storage Facility

CubeSmart Self Storage (Managed)

1861 Ashley River Rd, Charleston, SC 29407

Listing Price: $19,200,000

Number of Units
677
Occupancy
16.7%
Gross SF
70,774
Rentable SF
70,774
Price/Rentable SF
$271.29
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) located in Charleston, South Carolina. The facility opened in November of 2020 and consists of 677 climate-controlled units and one retail space, totaling 70,774 net rentable square feet. The property is fully secured with 24-hour video surveillance and an on-site management office.

The location of this facility benefits from a dense and growing surrounding population and is just six miles from downtown Charleston. This location has convenient access to serve customers in North Charleston, as well as surrounding areas such as Goose Creek and Summerville. It is located off a busy street and is surrounded by lots of residential neighborhoods, restaurants, shopping centers, retail stores, fitness facilities, bowling alleys, and much more. Some popular attractions nearby include Costco, Target, Kohl's, and Citadel Mall, all of which are within a two-mile radius of the facility. This offers the facility great street frontage and high daily traffic counts of around 37,000 cars per day.

CubeSmart Self Storage (Managed) is being offered for $19.2 million or $279.29 per rentable square foot.

Investment Highlights

  • Brand New, Four-Story, Class-A Self-Storage Offering
  • Opened November 2020
  • 70,774 Net Rentable Square Feet
  • 677 Climate-Controlled Units
  • One Retail Space

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Self-Storage Facility

CubeSmart Self Storage (Managed)

Listing Price: $19,200,000

Number of Units
677
Occupancy
16.7%
Gross SF
70,774
Rentable SF
70,774
Price/Rentable SF
$271.29
Year Built
2020

Investment Highlights

  • Brand New, Four-Story, Class-A Self-Storage Offering
  • Opened November 2020
  • 70,774 Net Rentable Square Feet
  • 677 Climate-Controlled Units
  • One Retail Space

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) located in Charleston, South Carolina. The facility opened in November of 2020 and consists of 677 climate-controlled units and one retail space, totaling 70,774 net rentable square feet. The property is fully secured with 24-hour video surveillance and an on-site management office.

The location of this facility benefits from a dense and growing surrounding population and is just six miles from downtown Charleston. This location has convenient access to serve customers in North Charleston, as well as surrounding areas such as Goose Creek and Summerville. It is located off a busy street and is surrounded by lots of residential neighborhoods, restaurants, shopping centers, retail stores, fitness facilities, bowling alleys, and much more. Some popular attractions nearby include Costco, Target, Kohl's, and Citadel Mall, all of which are within a two-mile radius of the facility. This offers the facility great street frontage and high daily traffic counts of around 37,000 cars per day.

CubeSmart Self Storage (Managed) is being offered for $19.2 million or $279.29 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

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