770-841-4591
, Greenville, SC for Sale
Specialty - FOR SALE
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Innovation | Interstate
Greenville, SC
Outer Greenville/Mauldin


HIGHLIGHTS

  • Class B Self Storage Portfolio | Two high-visibility assets approximately 5 miles apart totaling 79,506 NRSF
  • 609 Units + 76 Parking Spaces on 10.33 Acres – Diversified income stream including climate, non-climate, parking, warehouse, and apartment
  • In-Place Cash Flow with Value-Add Upside – 73% physical and 67% economic occupancy supports immediate revenue management, rate increases, and lease-up
  • Single-story metal and brick buildings with asphalt drives designed for operational efficiency

OVERVIEW

Innovation | Interstate is a two-property, Class B self storage portfolio located approximately five miles apart in the Greenville MSA, one of the fastest-growing markets in the Southeast. The portfolio comprises approximately 79,506 net rentable square feet across 609 storage units, one leased warehouse space, and one apartment, as well as 76 parking spaces, all situated on 10.33 acres with direct access to major transportation corridors, including I-385. Currently operating at 73% physical occupancy and 67% economic occupancy within the storage units, along with 80% physical occupancy and 61% economic occupancy in the parking units, the portfolio offers meaningful value-add potential through lease-up and revenue optimization. The properties are owner operator managed, creating immediate upside through professional revenue management, rate optimization, improved marketing, and operational efficiencies. The spread between physical and economic occupancy highlights additional opportunity to enhance income through rental rate adjustments and improved collections. With lease-up remaining, operational refinement available, and expansion room, Innovation | Interstate provides the opportunity to increase NOI while acquiring high-quality, purpose-built assets in a strong growth corridor. Strong visibility and high traffic count, durable construction, and strategic positioning within the Greenville trade area support both near-term gains and long-term value creation.

ASK ABOUT THIS PROPERTY

Luke SaulsSauls Commercial Real EstateMore Info
770-841-4591

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Luke SaulsSauls Commercial Real EstateMore Info
770-841-4591

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.