Property History
Grandstone Investment Sales is pleased to exclusively present for sale CubeSmart Self Storage, located at 400 Pio Nono Avenue in Macon, GA. The facility totals 50,625 net rentable square feet across 529 climate-controlled units and 100 newly added RV/Boat parking spaces, making it the premier storage facility in the trade area. Originally built in 1997 and renovated in 2021, the property sits on 8.72 acres with strong visibility along Pio Nono Avenue, which sees more than 15,300 vehicles per day.
The property is currently 72.3% physically occupied and 50.2% economically occupied, offering measurable lease-up potential. The surrounding market includes 51,433 residents within three miles and 96,180 residents within five miles, with median household incomes of $39,523 and $44,548, respectively. The five-mile population is projected to surpass 98,000 by 2029.
The asset is being offered at $7,300,000 ($144.22 per SF) and combines stabilized operations with additional income opportunities from the new RV and boat parking component.
Purchase Price: $7,300,000
Price P/SF: $144.22
Net Rentable SF (NRSF): 50,625 SF
Total Units: 629 (529 Climate-Controlled / 100 RV & Boat Parking)
Physical Occupancy: 72.3%
Economic Occupancy: 50.2%
Acreage: 8.72 acres
Year Built / Renovated: 1997 / 2021
Traffic Counts: 15,300+ vehicles per day on Pio Nono Avenue
Demographics (3-mile radius): 51,433 residents | $39,523 median household income
Demographics (5-mile radius): 96,180 residents | $44,548 median household income
Projected Growth (5-mile radius): Population to exceed 98,000 by 2029
Surroundings: Central Macon location; premier facility in the trade area with strong demand for new RV/Boat parking inventory
15K NRSF Expansion Possibility
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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Comparable Properties
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