Marcus & Millichap Inc.
05/29/2026 | Press release | Archived content
Marcus & Millichap Brokers Sale of Self-Storage Facility in Lexington, South Carolina
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Marcus & Millichap Brokers Sale of Self-Storage Facility in Lexington, South Carolina
May 29, 2026
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LEXINGTON, S.C., May 29, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Covered Up Storage, a 248-unit self-storage facility in Lexington, South Carolina.
"Covered Up Storage attracted significant interest from local, regional and national investors due to its strong occupancy, expansion potential and unique mix of self-storage and covered RV/boat parking," said Cameron Bradford, associate director investments in Marcus & Millichap's Charleston office. "The combination of stabilized cash flow and the ability to add additional rentable square footage created a compelling opportunity in one of the fastest-growing markets in South Carolina."
Bradford and Stacey Gorman of Marcus & Millichap exclusively marketed the property on behalf of the seller, Covered Up Storage LLC, and procured the buyer.
The property, located at 1734 W Main St., sits on a 7.95-acre lot. Built in 2020 and 2022, the facility consists of 80,604 rentable square feet across 248 units. The unit mix includes four office/flex suites, 95 drive-up units and 149 covered parking spaces. The property was 95.2% physically occupied at the time of sale. Covered Up Storage also has approval to add an additional 25,000 rentable square feet.
The facility is near multiple apartment complexes and a Food Lion-anchored shopping center, that also contains Dunkin', Taco Bell and Cookout. Major employers in the area include Lexmed Inc., Michelin North America Inc.-Michelin Tire and Walmart Inc.
"Covered Up Storage attracted significant interest from local, regional and national investors due to its strong occupancy, expansion potential and unique mix of self-storage and covered RV/boat parking," said Cameron Bradford, associate director investments in Marcus & Millichap's Charleston office. "The combination of stabilized cash flow and the ability to add additional rentable square footage created a compelling opportunity in one of the fastest-growing markets in South Carolina."
Bradford and Stacey Gorman of Marcus & Millichap exclusively marketed the property on behalf of the seller, Covered Up Storage LLC, and procured the buyer.
The property, located at 1734 W Main St., sits on a 7.95-acre lot. Built in 2020 and 2022, the facility consists of 80,604 rentable square feet across 248 units. The unit mix includes four office/flex suites, 95 drive-up units and 149 covered parking spaces. The property was 95.2% physically occupied at the time of sale. Covered Up Storage also has approval to add an additional 25,000 rentable square feet.
The facility is near multiple apartment complexes and a Food Lion-anchored shopping center, that also contains Dunkin', Taco Bell and Cookout. Major employers in the area include Lexmed Inc., Michelin North America Inc.-Michelin Tire and Walmart Inc.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on May 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 01, 2026 at 23:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]