Cannon Secure Storage-Gaffney

Cannon Secure Storage For Sale | Gaffney, SC Industrial Property

Investment Overview: High-Upside Value-Add Self-Storage Opportunity

SVN and StorageSales.com are pleased to exclusively present the acquisition of Cannon Secure Storage, a premier industrial and commercial self-storage asset located in the steadily growing market of Gaffney, South Carolina. Offered at a highly competitive price point of $780,000, this well-positioned property features an 11,600 SF building resting on 0.64 acres of highly accessible commercial land.

Housing 75 non-climate-controlled drive-up storage units, the facility presents a stabilized foundation with immediate operational upside. Situated in a region characterized by positive rental rate trends and rising population metrics, Cannon Secure Storage offers a compelling value-add opportunity for an investor looking to capture immediate revenue growth through strategic rate optimization.

Key Property Features & Operational Efficiencies

This asset is uniquely positioned for passive or off-site ownership, making it a highly attractive, low-overhead addition to any commercial real estate portfolio:

• Turnkey Remote Management: The facility is fully configured with an automated remote management system. This advanced infrastructure allows for contactless rentals, digital tenant onboarding, and streamlined operations, vastly reducing on-site labor costs and maximizing Net Operating Income (NOI).

• Optimal Unit Configuration: Comprises 11,600 square feet of clean, durable, non-climate-controlled storage space across 75 high-demand drive-up units, ideal for residential household goods and commercial equipment storage.

• Strategic Land Footprint: Spanning a secure, well-utilized 0.64-acre lot designed for easy vehicle navigation and optimal loading flow.

Strategic Location & Favorable Gaffney, SC Market Demographics

Location and competitive insulation drive long-term storage valuation. Cannon Secure Storage benefits from excellent macroeconomic indicators and an incredibly protected trade area.

Zero Competing Pipeline: One of the most critical investment highlights for this asset is that there are no planned developments or new self-storage facilities within a 5-mile radius. This strict barrier to entry insulates the property from future market dilution, ensuring long-term pricing power and high physical occupancy.

• Robust Catchment Area: The immediate submarket boasts a strong local demographic profile, with over 28,000 residents living within a 5-mile radius of the property, driving consistent, everyday household demand.

• The Interstate 85 Transit Corridor: Strategically located just 5 minutes from busy Interstate 85 (I-85), a primary Southeastern commercial artery. This proximity ensures effortless accessibility for local commuters, logistics teams, and regional businesses.

Regional Economic Drivers & Infrastructure

As the historic county seat of Cherokee County, Gaffney serves as a vital anchor between major economic hubs in the Carolinas. Cherokee County features a stable population base of over 52,000 residents and sits in a highly advantageous logistics corridor.

• The Charlotte & Upstate Connection: Positioned perfectly between the booming Charlotte, NC metropolitan area and the expanding Spartanburg/Greenville, SC industrial market.

• Logistical Accessibility: Situated just one hour southwest of the Charlotte Douglas International Airport (one of the busiest aviation hubs in the nation) and one hour southeast of Asheville, NC.

• Institutional Anchors: The area's economy is further reinforced by established educational institutions, local manufacturing plants, and the South Carolina Special Schools, ensuring a resilient, diverse employment base that feeds ongoing residential development.