CubeSmart (Managed) Self Storage of Fairview
1366 Charlotte Hwy., Fairview, NC 28730
Call for Offers: October 9, 2026
Overview
This is an exclusive opportunity to acquire CubeSmart (Managed) Self Storage of Fairview, NC, a 56,072 NRSF facility with 466 units. CubeSmart (Managed) Self Storage of Fairview, NC offers a plethora of different unit sizes to fit a variety of different client needs.
Property Details
Highlights
- Existing Asset: The facility is currently 79% occupied across 37,609 NRSF and 302 units, excluding the under-construction expansion.
- Expansion to be Delivered by Closing: 18,463 NRSF of climate expansion is nearing completion and will be delivered by closing, adding 164 units to the property.
- Only New, Institutional-Quality Facility: The property is the only new, fully climate-controlled self-storage facility in the submarket, with strong visibility adjacent to Food Lion and the U.S. Post Office, and across from the elementary school.
- Preferred Commuter Corridor: Charlotte Highway offers an easier route into Asheville than I-40 or I-26, positioning Fairview to capture continued population overflow from areas beyond the 5-mile radius.
- High-Income Trade Area: Nearby corridors such as Cane Creek Road feature home values of $1M+, and the median household income within a 5-mile radius is $96,461.
- Substantial Residential Growth Pipeline: Over 700 multifamily units and hundreds of single-family/townhome units are delivering or under construction along Charlotte Highway, the fastest route to Charlotte (~2 hours).
- High-Traffic Corridor: The site sits along a corridor with 16,000 annual average daily traffic (AADT) passing directly by the property.
- Embedded Expansion Optionality: The approved site plan supports up to 3 additional buildings (Buildings 7, 8, and 9, totaling 3,500 NRSF of non-climate space), plus untapped potential for approximately 15 boat and RV parking units. The future storage expansion density could be increased to greater than 3,500 SF with an update to additional climate control units.
- Undersupplied Self-Storage Market: The trade area is meaningfully undersupplied, with just 5.71 NRSF of self-storage per capita within 5 miles.
- Wide, Underserved Demand Draw: The facility's trade area extends well beyond Fairview. Over 35% of tenants live outside a 5-mile radius, including draws from the reopened Lake Lure corridor, a retirement and second-home market with limited self-storage supply.
Location
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