The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors for the sale of Dense Infill Self-Storage in Chandler, AZ. This third-party managed facility is located in Chandler, Arizona which is one of the most desirable cities within Maricopa County. The acquisition will offer steady in-place cash flow, as well as, allowing an investor to realize several value-add opportunities.
INVESTMENT OVERVIEW SIGNIFICANT MARKET FOOTPRINT
Situated just off the hard corner of N Cooper Rd and E Ray Rd in Chandler, the property boasts impeccable visibility along with high traffic counts and has delivered consistent stabilized physical occupancies offering an investor the opportunity to gain a foothold in the increasingly competitive Southwest United States storage market.
CAPITALIZE ON UPSIDE OPPORTUNITIES
There are several opportunities for revenue growth at this location. At 75,386 rentable square feet, the facility benefits from high physical occupancy of 96.3 percent.
Uniquely located at a lighted intersection with a 52,000 traffic count its facility is the only storage option in a one-mile ring and no other Class A competitor in a two-mile drive.
ONE OF A KIND LOCATION
This ideal location in the dense downtown of Chandler, AZ has a high barrier of entry for any competitor due to the lack of undeveloped land. Along with its high traffic volumes of Cooper Road (AADT 22,861) and Ray Road (AADT 29,827).