Elgin, SC Storage Development Site With Approvals
High Growth Corridor -Adjacent to a new 7-11 Convenience Store / Coming Soon Retail Center
Marketing description
Strategic Location • The property sits just 0.2 miles from Interstate 20, providing excellent visibility and convenient access for commercial and consumer traffic. The immediate area is experiencing active development, with a new convenience store currently under construction just east of the site and a quick-service restaurant (QSR) site being marketed adjacent to the property. MUSC and Regional Hospital are positioned just North of the property on Whiting Way.
Stability • Elgin is home to several major employers, contributing to a stable and expanding economic base. Within a 5-mile radius of the site, there are approximately 24,600 residents, with population growth projected to reach 25,276 by 2027. The area also features a strong income profile, with a median household income of $89,225. Primed For
Development • Currently, the market has 2.62 square feet of self-storage space per capita within the 5 mile radius — suggesting potential unmet demand and an attractive opportunity for new storage or mixed use development. This site presents a compelling investment opportunity in a high growth corridor with excellent market dynamics and infrastructure support
Investment highlights
There is a site plan for 48,870 rentable square feet and one for approximately 77,000 sq ft with a bi-level building. Both sets of plans are in the deal room. Returns and financials are based on the smaller layout.
Feasibility Study and drawings are available in the property deal room. www.superiorcapitaladvisors.com
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