Storage Sense Moncks Corner, SC Self-Storage Opportunity
2560 US-52 Moncks Corner, SC 29461
This offering represents an opportunity to acquire a newer-vintage, single-storage facility located in the Charleston MSA. Delivered in April 2019, the Property is situated on a 6.0-acre site in Berkeley County, featuring eight buildings and 68,450 rentable square feet. It is comprised of 303 climate-controlled ground floor units, 53 non-climate units, 132 drive-up units, supplemented by 37 uncovered parking spaces well-suited for boat and RV storage. The Property is designed with modern self-storage functionality including gated access, security cameras, an on-site leasing office, wide drive aisles, and convenient ingress/egress along US-52 with strong visibility (approximately 22,000 cars per day).
Operational performance has been steady, with square-foot occupancy trending in the mid- to high-80% range throughout 2025, finishing January 2026 at 82.7% SF occupancy. Monthly rent collections generally ranged from the mid-$70Ks to low-$80Ks before climbing to approximately $86,035 in January 2026, reflecting a 13.1% year-over-year increase. This revenue growth has been supported by continued strength in achieved rents across both climate-controlled and drive-up units. Importantly, the asset has reached this performance level under the current operating framework—indicating clear opportunity for a more sophisticated operator to unlock upside through improved revenue-management tools, tighter operational oversight, and rate-optimization strategies to further drive NOI growth.
The surrounding 5-mile trade area continues to expand, growing from 41,356 residents in 2020 to 47,903 in 2024, with projections reaching 55,110 by 2029, reflecting strong inbound population momentum. This growth is supported by the broader economic activity in Berkeley County, driven by major regional employers such as Boeing in North Charleston and Volvo’s manufacturing operations in Ridgeville, both of which continue to draw new residents to the area. The region also benefits from the ongoing strength of the Port of Charleston, where SC Ports handled approximately 2.6 million TEUs in FY2025, a 3% year-over-year increase, reinforcing the county’s role as a growing logistics and distribution hub. With rising incomes in the immediate trade area and sustained economic investment across the region, the submarket offers a durable backdrop for long-term storage demand and continued revenue growth.