Skip to main content

Self-Storage Facility

CubeSmart Self Storage (Managed)

235 GA-314, Fayetteville, GA 30214

Listing Price: $13,600,000

Cap Rate
1.72%
Number of Units
492
Occupancy
56.0%
Rentable SF
55,160
Price/Rentable SF
$246.56
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) located in Fayetteville, Georgia. The facility is brand new and features 492 climate-controlled units totaling 55,160 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, growing, and affluent surrounding population, and is just twenty miles south of downtown Atlanta. The population within five miles of the facility is 83,176, which represents a 26 percent increase since 2000 and is expected to continue to grow over the next five years. The property is conveniently located on Highway 314 and less than one mile from State Route 85 providing easy access for customers. They are located off an extremely busy street and are surrounded by lots of residential neighborhoods, as well as restaurants, retail stores, shopping centers, banks, movie theatres, churches, and much more. This offers the facility great street frontage and high daily traffic counts of around 21,000 cars per day. CubeSmart Self Storage (Managed) is being offered for $13.6 million or $246.56 per rentable square foot.

Investment Highlights

  • Atlanta, Georgia MSA Self-Storage Offering
  • Brand New, Two-Story, Class-A Facility
  • Opened in April 2021 and Already Achieved 55 Percent Physical Occupancy in Six Months
  • 55,160 Net Rentable Square Feet
  • 492 Climate-Controlled Units

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Self-Storage Facility

CubeSmart Self Storage (Managed)

Listing Price: $13,600,000

Cap Rate
1.72%
Number of Units
492
Occupancy
56.0%
Rentable SF
55,160
Price/Rentable SF
$246.56
Year Built
2021

Investment Highlights

  • Atlanta, Georgia MSA Self-Storage Offering
  • Brand New, Two-Story, Class-A Facility
  • Opened in April 2021 and Already Achieved 55 Percent Physical Occupancy in Six Months
  • 55,160 Net Rentable Square Feet
  • 492 Climate-Controlled Units

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) located in Fayetteville, Georgia. The facility is brand new and features 492 climate-controlled units totaling 55,160 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, growing, and affluent surrounding population, and is just twenty miles south of downtown Atlanta. The population within five miles of the facility is 83,176, which represents a 26 percent increase since 2000 and is expected to continue to grow over the next five years. The property is conveniently located on Highway 314 and less than one mile from State Route 85 providing easy access for customers. They are located off an extremely busy street and are surrounded by lots of residential neighborhoods, as well as restaurants, retail stores, shopping centers, banks, movie theatres, churches, and much more. This offers the facility great street frontage and high daily traffic counts of around 21,000 cars per day. CubeSmart Self Storage (Managed) is being offered for $13.6 million or $246.56 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

Financing By

MM Texture Background
MM Textured Background Lower