Mebane, NC
Call for Offers
Offers Due: Thursday, May 22, 2025
ModBox Storage Compass (63,571 RSF / 577 units) and Arrowhead (60,775 RSF / 526 units) sit just three miles apart, giving a combined ±124,000 RSF and 1,100+ units to manage as a single “micro-portfolio.” A unified manager can share staff, marketing budgets, call-center coverage and even a moving truck between the sites, trimming payroll and advertising costs while boosting brand recognition across the Mebane trade area. Both assets are already physically stabilized—Compass is 77 % occupied (94 % economic) and Arrowhead is 88 % occupied
(84 % economic)—providing solid in-place NOI from day one, yet leaving clear upside to push physical occupancy into the low-90 % range via coordinated leasing and dynamic pricing.
Strategically straddling North Carolina’s Research Triangle and Piedmont Triad regions, Mebane sits directly on the I-40/I-85 corridor—about a 25-minute drive west of Durham’s tech-driven employment base and roughly 35 minutes east of Greensboro’s manufacturing and logistics hub. This mid-point location gives local businesses and residents seamless access to two international airports, major universities, and a labor force of more than 1 million people.
