CubeSmart Self Storage (Third Party Managed)
Lafayette, IN
Asking price
$113,018
Units
483
Cap rate
—
Price / unit
$234
About this property
Argus Self Storage Property Listings Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact CubeSmart Self Storage (Third Party Managed) Back to Results Lafayette, IN Contact Broker for Price CubeSmart Self Storage is a 54,638 NRSF facility located in Lafayette, IN. This facility, which opened in 2022, features both climate and non-climate units. The asset boasts new construction and prime frontage/access along Sagamore Parkway (23,000 vpd). The 5-mile radius population is 136,368 with an Average Household Income of $113,018. The greater Lafayette MSA features world-class manufacturers like Subaru, Wabash National, GE Aviation, Caterpillar, Rolls Royce and Saab. New developments include a microchip factory being built by SK Hynix and a semiconductor facility being built by SkyWater. The microchip factory will be a $4B development within the Purdue University Research Park, and is expected to produce over 1,000 jobs. The $1.8B semiconductor facility announced for the Discovery Park District at Purdue is expected to create 750 high-paying jobs within five years for the Greater Lafayette MSA. Access NDA Contact Broker for Price View Executive Summary Request Offering Memorandum All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info Contact Broker for Price 54,638 RSF 483 Units ~3.5 Acres Contact Listing Broker Listing Broker Rob Schick Schick & Associates, Inc. 317-403-1205 Email Stay Connected Contact Us 1-800-55-STORE Contact Us 5460 S. Quebec Street Suite 100 Greenwood Village, CO 80111 info@argus-realestate.com Join Argus Interested in becoming an Argus Broker Affiliate? Learn How © 2026 Argus Self Storage Advisors.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $113,018 |
|---|---|
| Units | 483 |
| Price per unit | $234 |
| Building size | 54,638 sq ft |
| First seen by UnitListed | Oct 20, 2026 |
| Source page last checked | Oct 24, 2026 |
| Source last changed | Oct 20, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a storage facility, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Physical vs economic occupancy — not disclosed
What is physical occupancy, and what is economic occupancy?
A facility can be 92% full and still be collecting far less, through concessions and delinquency. Physical occupancy alone flatters the deal.
Climate-controlled share — not disclosed
How many units are climate-controlled, and what is the rate premium?
Climate-controlled space earns more per square foot and costs more to run. The mix changes both sides of the model.
Expansion land and entitlements — not disclosed
Is there expansion land, and has anything been entitled or permitted?
Often the whole thesis in storage. Also the difference between a plan and a permit.
How it is managed today — not disclosed
Is this staffed, remotely managed or unmanned, and does a management contract transfer?
Decides whether the expense line you are shown survives the sale.
Asking price — disclosed
Currency of the asking price — disclosed
Unit mix and rent roll — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Oct 20, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Oct 20, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
