#AltReports

#AltReports

How to Convert Dead Retail Into Cash-Flowing Self-Storage

Why empty Kmarts are worth more than you think—and how to spot the winners

Nov 05, 2025
∙ Paid

Amazon didn’t just kill retail.

It created one of the most lucrative distressed asset opportunities in commercial real estate: self-storage conversions.

Neil of Nomad Capital has converted everything from abandoned Kmarts to tornado-damaged factories into profitable storage facilities.

His track record?

Taking buildings that sat empty for 15 years—copper…

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