Self storage · Aiken, South Carolina
The Storage Center
The Storage Center is financed with a $4.3M CMBS loan at 4.005% that reaches maturity on December 11, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,336,336
- Original balance (same notes)
- $4,650,000
- Interest rate
- 4.005% fixed
- Originated
- December 10, 2019
- Maturity
- December 11, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- September 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1387 East Pine Log Road, Aiken, SC 29803
- Metro
- Augusta-Richmond County, GA-SC
- Rentable area
- 78,888 sq ft
- Units, rooms or beds
- 575
- Built
- 2007, renovated 2014
- Value at securitization
- $6.6M (Nov 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.75x | 2.26x |
| Occupancy | 90% | 89% |
| Net operating income (annualized from 6 months) | $465K | $606K |
| Debt yield | 14.0% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2020-C55 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 30% above the underwritten figure ($606K a year against $465K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.75x at securitization to 2.26x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.3M | Current | No | 2.26x | 89% |
| August 2026 | $4.3M | Current | No | 2.34x | 87% |
| July 2026 | $4.4M | Current | No | 2.34x | 87% |
| June 2026 | $4.4M | Current | No | 2.34x | 87% |
| May 2026 | $4.4M | Current | No | 1.84x | 90% |
| April 2026 | $4.4M | Current | No | 1.84x | 90% |
| March 2026 | $4.4M | Current | No | 1.84x | 90% |
| February 2026 | $4.4M | Current | No | 1.84x | 90% |
| January 2026 | $4.4M | Current | No | 1.84x | 90% |
| December 2025 | $4.4M | Current | No | 1.84x | 90% |
| November 2025 | $4.4M | Current | No | 1.84x | 90% |
| October 2025 | $4.4M | Current | No | 1.87x | 84% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2020-C55 | 51 | $4,336,336 | Sep 2026 | SEC filing, September 29, 2026 |
Other Augusta-Richmond County loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Ramblewood Apartments | Augusta, GA | Multifamily | $29.6M | 5.26% | Mar 2029 | n/a | n/a | Current |
| Crowne Plaza North Augusta | North Augusta, SC | Hotel | $29.0M | 7.797% | Dec 2029 | 2.20x | 67% | Current |
| Hollywood Storage - Evans | Evans, GA | Self storage | $14.3M | 4.60% | May 2029 | n/a | n/a | Current |
| South Carolina Storage Portfolio - Summit Self Storage | North Augusta, SC | Self storage | $11.0M | 4.29% | Jun 2029 | n/a | n/a | Current |
| Home2 Suites - Grovetown | Grovetown, GA | Hotel | $10.9M | 4.032% | Nov 2029 | 2.67x | 69% | Current |
| Washington Road Self Storage | Martinez, GA | Self storage | $8.8M | 4.00% | Dec 2029 | 1.60x | 84% | Current |
| Grovetown Self-Storage | Grovetown, GA | Self storage | $6.4M | 4.15% | Aug 2029 | n/a | n/a | Current |
| Riverwest Business Park | Augusta, GA | Industrial | $3.3M | 5.98% | Oct 2029 | 1.90x | 96% | Current |
All loans maturing in 2029 · All Augusta-Richmond County loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.