AVAILABLE
Creekside Storage Maryville
Maryville | Tennessee

Exclusively Listed By:
EquiCap Commercial 

Lead Brokers:

DEAL SUMMARY

​

List Price:   $1,300,000

NRSF:         13,320

Units:          79

Acres:         1.19

In-Place Cap Rate: 7.07%

​

INVESTMENT HIGHLIGHTS

​

OPERATIONS & MARKET //  The facility maintains 94% occupancy by area, the highest in the portfolio. Maryville has experienced approximately 40% population growth since 2000, while Blount County’s restrictive approval environment limits new self-storage supply, supporting long-term pricing power. Achieved rents currently exceed gross potential, leaving room for continued street-rate growth.

DIVERSIFIED INCOME //  The facility has a single long-term retail tenant whose business has been booming in alignment with the population growth. Additionally, the single large climate building, with another long-term tenant who is well established in the music business, has recently received a 10% rent increase with zero pushback. The primary retail tenant pays for most of the facility utilities.

CAPITAL EXPENDITURES & IMPROVEMENTS //  Recent upgrades include a modernized PDK gate controller with ground-loop exit, mostly LED lighting throughout, and six Hikvision POE cameras routed to an internet-enabled NVR. Additional improvements include a new mini-split HVAC system in the office and a new water heater in 2025. All HVAC systems have been upgraded within the last few years and the facility is fully set up for remote management with no deferred maintenance. 

​

Anne Blackwell | Partner

EquiCap Commercial

901.486.4376

Anne@EquiCapCommercial.com

​

TN License #: TN 255603

Read Anne's Bio