Extra Space Storage 2 Portfolio SC 2 Specialty Properties in Simpsonville, SC

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CBRE’s Self Storage Advisory Group is retailed as the exclusive listing advisor for the Extra Space 2 Portfolio, which features two self-storage properties located in Simpsonville, SC. The portfolio consists of a combined 1,323 units distributed across 162,494 net rentable square feet of storage space and 3,000 net rentable square feet of retail space along with 9,600 net rentable square feet of parking spaces. The properties have valuable on-site amenities offered with nice demographics at a portfolio average population of 99,619 people and $120,674 average household income within a 5-mile radius.
Simpsonville, South Carolina, presents robust economic performance and promising future growth. Located in the heart of the thriving Greenville County, part of the “Golden Strip,” Simpsonville has experienced significant population growth, fueled by its proximity to major employers like BMW, Michelin, and GE, which bolster a diverse economy spanning manufacturing, healthcare, and technology. The city’s strategic location enhances its appeal as a commercial and retail hub, attracting businesses and fostering job creation. Recent developments, such as the Cotton Mill Luxury Apartments and the revitalized Burdette Central mixed-use project, exemplify Simpsonville’s commitment to balanced, sustainable growth while preserving its small-town charm. The median household income in areas like Five Forks is more than double the state average, supporting strong demand for both residential and commercial real estate. With a low unemployment rate and ongoing infrastructure improvements like City Park and downtown enhancements, Simpsonville is well-positioned for long-term appreciation and economic stability, making it an attractive destination for real estate and business investments.