Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Extra Space Storage (Managed) located in Summerville, South Carolina. The facility consists of 536 climate-controlled units and seven non-climate-controlled units totaling 92,292 net rentable square feet. There are also 35 boat and RV garages available for rent. This is a new construction facility that recently opened in March 2022. The property is fully secured with a keypad, gated entry, an on-site management office, and 24-hour video surveillance. The facility is located 21 miles from Charleston, South Carolina and benefits from a dense and rapidly growing surrounding population. The population within five miles of the facility is 141,625, which represents a 69 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by lots of residential neighborhoods, as well as restaurants and retail stores. This offers the facility great street frontage and high daily traffic counts of around 27,900 cars per day off Berlin G Myers Parkway and 5,400 cars per day off East 3rd North Street.