Description

CubeSmart at Capital Hill Plaza is a 960-unit, climate-controlled self-storage investment at 2320 Capital Circle Northeast in Tallahassee, Florida. The four-story facility opened September 15, 2026 and is actively leasing up. The approximately 121,000 square feet represents gross building area, rather than a separately verified net rentable storage area. The sale is offered on a performance basis, with pricing available through the listing team.

All 960 storage units are climate-controlled. The unit distribution comprises 141 units on the first floor and 273 units on each of the three upper floors. Multiple unit configurations accommodate a range of household and business storage requirements. Current occupancy, a current rent roll and operating income remain subject to confirmation; the property is presented as an operating lease-up opportunity.

Capital Hill Plaza places the facility within a commercial setting alongside retail and service businesses, including Avis/Budget, Dunkin’, Lavish Nails, Smoothie King, Swig and Fishbein Orthodontics. Publix and Lowe’s are located across Capital Circle Northeast. The surrounding area also includes the developing Canopy community, providing a broader residential context for the location. Planned transportation improvements remain prospective.

The offering combines a recently opened storage operation, an established customer-facing brand and exposure along a major Tallahassee corridor. Acquisition discussions should address current leasing performance, operating arrangements, the storage condominium interest and associated common-area rights. The recorded Building 7 parcel is identified within the Capital Hill Plaza planned unit development. Buyers should confirm the exact premises and operating terms as part of their due diligence.