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Self-Storage Facility

Top Lock Dillon Portfolio

301 N Railroad Ave, Dillon, SC 29536

Listing Price: $2,880,000

Cap Rate
6.25%
Number of Units
485
Occupancy
74.9%
Gross SF
51,348
Rentable SF
51,348
Price/Rentable SF
$56.09
Year Built
1999

Investment Overview

THREE-FACILITY PORTFOLIO IN THE GREATER DILLON
MARKET // Two Dillon facilities (Railroad Ave & US 301)
sit just one mile apart, creating operational efficiency and
market concentration. A third facility in Lake View expands
the geographic footprint and customer reach.

Investment Highlights

  • 485 total units offering a mix of traditional storage, warehouse space, and flex retail/office.
  • Current physical occupancy of around 76 percent provides a day one 6.26 percent all cash return, with additional upside in gaining occupancy and rate optimization that would yield a stabilized cap rat
  • The US 301 facility benefits from around 16,435 vehicles/day and close proximity (¼ mile) to Dillon High School, Dillon Middle School, and the Dillon School District HQ.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Senior Managing Director, Market Leader - South Carolina

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Self-Storage Facility

Top Lock Dillon Portfolio

Listing Price: $2,880,000

Cap Rate
6.25%
Number of Units
485
Occupancy
74.9%
Gross SF
51,348
Rentable SF
51,348
Price/Rentable SF
$56.09
Year Built
1999

Investment Highlights

  • 485 total units offering a mix of traditional storage, warehouse space, and flex retail/office.
  • Current physical occupancy of around 76 percent provides a day one 6.26 percent all cash return, with additional upside in gaining occupancy and rate optimization that would yield a stabilized cap rat
  • The US 301 facility benefits from around 16,435 vehicles/day and close proximity (¼ mile) to Dillon High School, Dillon Middle School, and the Dillon School District HQ.

Investment Overview

THREE-FACILITY PORTFOLIO IN THE GREATER DILLON MARKET // Two Dillon facilities (Railroad Ave & US 301) sit just one mile apart, creating operational efficiency and market concentration. A third facility in Lake View expands the geographic footprint and customer reach.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Senior Managing Director, Market Leader - South Carolina

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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