4008 N duPont Hwy, Wilmington, DE
Break Ground: Q2 2021
Grand Opening: Q4 2021
Management Partner: Cubesmart
Rental Area: 77,325 Square Feet
Units: 857
The only Class A facility in the market
$24/SF Rents
The facility combines an extremely low amount of supply (2.9 SF per person) excellent access, enormous traffic counts and proximity to the University of Wilmington. There is also an enormous barrier to entry as land use approvals in New Castle County can take upwards of 2.5 years.
This project will be constructed in 2 phases. Phase 1 delivered in January of 2022 and phase 2 will deliver in Q4 of 2023. It will consist of an additional 15,000 square feet of self-storage and a Chick-Fil-A ground lease out front of the property.
