Property History
The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale CubeSmart Self Storage (Managed) located at 4932 Marburg Avenue, Cincinnati, Ohio. The facility features 397 non-climate-controlled units, and 6 additional expansion units totaling 45,505 net rentable square feet. They also offer 2 parking spaces for rent. The facility was built in 1981 and expanded in 1989 and is situated on 2.58 acres of land. CubeSmart Self Storage is currently 86 percent physically occupied.
The property is located in a very busy area with many restaurant chains, apartment complexes, banks, hotels, churches, businesses, healthcare offices, LA Fitness, CVS Pharmacy, Kroger, Meijer, and retail stores such as Target, PetSmart, and Dollar Tree. There are currently 236,804 people living within a five-mile radius of the facility and 111,663 people living within a three-mile radius.
This investment opportunity offers an investor the ability to acquire a self storage facility located in a densely populated area with a high physical occupancy.
CubeSmart Self Storage (Managed) is being offered for $4,400,000 or $96.69 per rentable square foot.
- 45,505 Net Rentable Square Feet
- 403 Total Units
- 86% Physically Occupied
- Lot Size: 2.58 Acres
- High Traffic Area
- Population of 236,804 Within a Five-Mile Radius
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