The Cushman & Wakefield Self-Storage Advisory Group has been retained to offer for CubeSmart Self Storage (managed) in Port St. Lucie, FL.

This offering presents investors with the opportunity to acquire a well-located asset totaling approximately 54,775 rentable square feet across 563 units on a 3.4-acre site. Delivered in 2001, the Property is single-story asset totaling 563 units spread across 423 climate-controlled units, 81 drive-up climate-controlled units, 47 non-climate drive-up units, and 12 lockers. Positioned along South U.S. Highway 1, the facility benefits from strong visibility, accessibility, and exposure to one of the area’s primary commercial corridors.

As of April 30, 2026, the Property was operating at approximately 80% physical occupancy with in-place rents averaging approximately $18.25/SF annually. Climate-controlled units, which comprise the majority of the rentable square footage, were averaging over $19.50/SF annually, while drive-up climate-controlled units were approximately 86% occupied, demonstrating strong demand for premium product. The owner completed significant capital improvements to one of the buildings last year, including roof and exterior upgrades, positioning the property to lease up remaining vacant units and improve physical occupancy. In addition to the occupancy upside, there is also an opportunity to drive incremental revenue growth through targeted existing customer rate increases.

St. Lucie County is one of the fastest-growing regions in Florida, strategically positioned along the Treasure Coast between Central and South Florida. The county is home to more than 330,000 residents and continues to benefit from strong population growth, residential development, and business expansion. According to the St. Lucie County EDC, the local economy is being driven by growth in aviation, logistics, life sciences, and advanced manufacturing, while continued in-migration from higher-cost markets supports long-term housing and consumer demand.

The Property is situated along highly trafficked U.S. Highway 1 adjacent to the Publix-anchored Prima Vista Crossing shopping center, one of the area’s primary neighborhood retail destinations. Nearby national retailers, restaurants, and service providers generate strong daily traffic and consumer activity surrounding the asset. Combined with the corridor’s growing residential base, favorable demographics, and continued commercial investment, the Property is well-positioned to benefit from strong self-storage demand and long-term market growth.