Reviving Retail: How to Turn Empty Retail Stores into Profitable Self-Storage episode artwork

EPISODE · Jan 8, 2025 · 28 MIN

Reviving Retail: How to Turn Empty Retail Stores into Profitable Self-Storage

from Commercial Real Estate Secrets · host Aviva Sonenreich

Have you noticed the old Kmart in your area being transformed into something completely new? Imagine walking past what used to be a vacant, rundown retail store, only to find it buzzing with activity as a thriving climate-controlled self-storage facility. These transformations are happening more often than you think—and they’re reshaping communities and creating massive opportunities for investors.In this episode of Commercial Real Estate Secrets, I interviewed Clint Harris, GP at Nomad Capital and host of the Truly Passive Income podcast. Clint is at the forefront of this innovative strategy, converting old big-box retail spaces like Kmarts, warehouses, and even soda bottling facilities into high-performing, profitable assets. He’s not just transforming buildings; he’s transforming the way we think about adding value in commercial real estate.BY THE TIME YOU FINISH LISTENING, YOU’LL DISCOVER:How to identify high-potential properties for self-storage conversionThe benefits of converting vs. building new self-storage facilitiesStrategies for raising capital and mitigating risk in self-storage projectsChapters00:00 Introduction to Clint Harris and His Journey01:43 The Conversion Process: From Retail to Self-Storage05:16 Market Analysis and Location Strategy11:41 Risk Management in Self-Storage Conversions18:15 Funding and Raising Capital for Projects21:08 Returns and Investor Relations24:42 Finding Fulfillment in Real Estate26:57 Conclusion and How to Connect with Clint HarrisReady to learn more or connect with Clint? Visit nomadcapital.us or email him directly at [email protected]. You can also tune into the Truly Passive Income podcast for more insights from Clint and his journey in real estate.Looking for the right team to represent you in Denver commercial real estate?👉 Start here: https://warehousehotline.com/We help investors, owners, and tenants structure better deals—and close them.

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