2121 N Monroe St | Monroe, MI 48162
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2121 N Monroe St
Monroe, MI 48162
CubeSmart Self Storage (Managed) · Specialty Property For Sale · 96,181 SF
Investment Highlights
- Recently Completed Conversion | Opened April 2024
- Strategically Located in The Mall of Monroe
- Only 4.85 & 2.93 SF/Capita of Climate-Controlled Storage in the 3 & 5-Mile Radiuses
- 56,972 Rentable Square Feet & 578 Climate-Controlled Units
- Parking Field is Zoned and Approved for Future Expansion
Executive Summary
The Delaney Self-Storage Group of Marcus & Millichap is pleased to exclusively present CubeSmart Self Storage (Managed) in Monroe, Michigan. This offering allows investors the unique opportunity to acquire a state-of-the-art, recently opened conversion site in a landmark location. The facility offers 56,972 rentable square feet across 578 climate-controlled units with zoned and approved expansion potential in the parking field.
This CubeSmart Self Storage third-party managed site opened in April 2024 and is located in The Mall of Monroe and less than one mile from Monroe’s main retail corridor (Walmart Supercenter, Meijer, Lowe’s). Northwest of the property is the Port of Monroe, serving as the gateway to the state and Michigan’s only port of Lake Erie.
The city of Monroe is located about 17-miles north of Toledo, Ohio and about 35-miles south of Detroit and is part of the Detroit-Ann Arbor-Flint combined statistical area. Monroe’s location on the west shore of Lake Erie and its River Raisin made it a natural crossroads for food and transportation that attracted the Potawatomi Tribe of Indians who first lived in Monroe. Besides being home to many historical sites and figures, such as George Armstrong Custer, Monroe as numerous natural resources and attractions.
This CubeSmart Self Storage third-party managed site opened in April 2024 and is located in The Mall of Monroe and less than one mile from Monroe’s main retail corridor (Walmart Supercenter, Meijer, Lowe’s). Northwest of the property is the Port of Monroe, serving as the gateway to the state and Michigan’s only port of Lake Erie.
The city of Monroe is located about 17-miles north of Toledo, Ohio and about 35-miles south of Detroit and is part of the Detroit-Ann Arbor-Flint combined statistical area. Monroe’s location on the west shore of Lake Erie and its River Raisin made it a natural crossroads for food and transportation that attracted the Potawatomi Tribe of Indians who first lived in Monroe. Besides being home to many historical sites and figures, such as George Armstrong Custer, Monroe as numerous natural resources and attractions.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 7.25 AC |
| Property Type | Specialty | Building Size | 96,181 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1988/2024 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 7.25 AC |
| Building Size | 96,181 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1988/2024 |
PROPERTY TAXES
| Parcel Number | 07-065-093-10 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,659,300 |
PROPERTY TAXES
Parcel Number
07-065-093-10
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,659,300
zoning
| Zoning Code | C2 (General Commercial) |
| C2 (General Commercial) |
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