CubeSmart (Managed) – Moncks Corner, South Carolina (Charleston MSA)

Property Location

2560 US-52
Moncks Corner, SC 29461

investment highlights

  • STABILIZED ASSET WITH UPSIDE // Facility is 94.5 percent occupied on the 382 units available. 165 units coming back online in Q3 2022 with opportunity for next investor to lease these up at market rates to increase cash flow.
  • EXCELLENT LOCATION // Facility is in the growth corridor of Moncks Corner. Recent and ongoing developments include Foxbank Plantation, Eastwood Homes at Cypress Grove, and Lennar at Cypress Reserve, amongst others, totaling 4,254 approved housing units within a two-mile radius of the facility with room for 2,604 additional units (Per Moncks Corner Economic Development Map, December 2020).
  • EXCELLENT TRAFFIC // Facility sees over 23,200 cars per day on US-52 (as of December 2020). This figure is set to increase over time as the market matures. Commercial developments include Publix Supermarket, Waffle House, Domino’s Pizza, Berkeley’s Spirits, Parker’s Kitchen and Convenience Store, Foxbank Veterinary Hospital, and a nail salon. The facility is positioned well in the market as it continues to grow both residentially and commercially.
  • GROWING MARKET // Next investor has the opportunity to enter the fourth fastest growing market in South Carolina with no oncoming competition within four and a half miles.

Broker Information

Ian Lindahl

Investment Associate

Phone: 303.328.2062
License: CO FA100091294

Adam Schlosser

Senior Managing Director

Phone: 303.328.2044
License: CO FA100050407

Ben Yelm

Broker of Record

Phone: 843.952.2300
License: 86628

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Contact The LeClaire-Schlosser Group