CubeSmart Self Storage (Managed)
For saleUnder contract5801 S US Hwy 1, Fort Pierce, FL 34982
Area Description
Fort Pierce is Located Along Florida's Eastern Coast Approximately 50 Miles North of West Palm Beach and is Home to 52,377 Residents. The Rapidly Growing Port St. Lucie MSA is the 10th Largest in the State of Florida and is Home to 556,336 Residents. Very Low Market Saturation of 4.6 SF/Capita for Self Storage Within Five Miles of the Property. Dense Population of 41,791 Residents Within Three Miles of the Property Growing at 6.8% Annually. Strong Average Household Income of $88,404 Within Three Miles of the Property. County & Population: Within a three-mile radius of the property, the population stands at 41,791 residents with an impressive average household income of $88,404. The area is experiencing an explosive 6.8% annual population growth rate. The Port St. Lucie MSA is the 10th largest in Florida, driving a dense and rapidly expanding residential base. This exceptional demographic profile is further strengthened by a severely undersupplied local storage market, featuring just 4.6 square feet per capita within a five-mile radius, ensuring a massive and consistent demand pool. Economic & Educational Hub: Fort Pierce serves as a premier economic and educational hub along Florida's eastern coast, positioned just 50 miles north of West Palm Beach. Indian River State College, located 3.5 miles from the site, boasts an enrollment of over 30,000 students. Additionally, the immediate corridor features a thriving commercial density, complemented by local healthcare facilities and major institutional employers, driving continuous transient and professional storage demand alongside a rapidly expanding local economy. Transportation: Positioned directly on South US Highway 1, a primary north-south arterial handling 43,500 vehicles daily, the site offers exceptional connectivity. Located just north of West Midway Road, it provides seamless regional access to Interstate 95 and Florida's Turnpike. The immediate neighborhood features a dynamic mix of commercial and residential corridors, with nearby retail, service, and dining amenities including Jetson Appliance, heavily commercialized automotive retailers, and direct access to the Indian River's coastal amenities. Major Developments: The area is undergoing massive expansion, highlighted by the $600 million Koa Bay surf park and residential development, bringing 1,000 new housing units and two hotels. Further fueling demand is the $155 million King's Landing waterfront project in downtown Fort Pierce, introducing luxury condominiums and a boutique hotel. The site's location within Fort Pierce's prominent "Auto Row"—surrounded by major employers like Coggin Honda, Dyer Chevrolet, and Mercedes-Benz—presents a massive future demand catalyst, providing a direct pipeline of potential tenants.
Area Highlights
- Very Low Market Saturation of 4.6 SF/Capita for Self Storage Within Five Miles of the Property.
- Dense Population of 41,791 Residents Within Three Miles of the Property Growing at 6.8% Annually.
- Strong Average Household Income of $88,404 Within Three Miles of the Property.
- Fort Pierce is Located Along Florida's Eastern Coast Approximately 50 Miles North of West Palm Beach and is Home to 52,377 Residents.
- The Rapidly Growing Port St. Lucie MSA is the 10th Largest in the State of Florida and is Home to 556,336 Residents.
Location
Neighborhood Demand
Moving & Storage
Fuel & Parking
Mail & Shipping
Nearby Housing