Nearly Stabilized, Class-A Self-Storage Opportunity – Tucson, AZ
5740 W Cortaro Farms Rd, Tucson, AZ 85742

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Market Bid
Tucson, AZ
Class-A Opportunity
High visibility and immediate access from Interstate-10 which sees 80,000+ vpd
Direct access off of Cortaro Farms Rd which sees 23,000+ vpd
Median HH income of $101,918 within a one-mile radius
Competitive set is a majority of older properties Extremely fast lease up velocity achieving 85% physical occupancy in a year

The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of this Self-Storage opportunity in Tucson, AZ.

The Extra Space Managed Self Storage offering presents a rare opportunity to acquire a Class-A storage asset in one of the fastest growing markets in Arizona. The facility offers 650 premium, climate-controlled units ranging from 16 square feet to 300 square feet with a wide variety of options to meet the increasing demand within north Tucson. Since opening its doors in April of 2023, this state-of-the-art facility has seen dramatic lease up velocity, achieving 85.6% physical occupancy in a year while reaching 61% economic leaving incredible, unrealized upside potential for any new investor.

Situated in the Northwest region of Tucson, within the Marana market, this property dominates the landscape as you exit onto Cortaro Farms Rd from Interstate-10, which exceeds 80,000+ vehicles per day, and is the major interstate leading from Phoenix to Tucson. Seeing in excess of 23,000 vehicles per day, Cortaro Farms Rd is a major connector from I-10 to N Oracle Rd. The access paired with a median household income of $101,918 within a 1-mile radius, allows the Marana trade area to rival that of any high-net-worth region within the state and presents the opportunity for the property to see strong rate growth within a market where a majority of facilities are north of 20 years old. The low supply of Class-A, climate-controlled units in the market paired with high visibility is one of many key drivers for the accelerated lease-up.

The Extra Space Managed Self-Storage Opportunity represents an increasingly hard to find, trophy asset situated in one of the most desirable markets in the nation. With KB Homes under construction on a new single-family housing development directly adjacent to the site, along with a number of new multifamily and single-family home projects coming out of the ground within the immediate area, the unparalleled location will allow for an investor to drive both rental rates and physical occupancy even further, solidifying its position as the market leader.

Tucson, AZ

  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Tucson, AZ Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.


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