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

Arizona Storage Company presents an exceptional opportunity to acquire an incredibly strong storage asset in one of the fastest growing cities in the nation. Located in the city of Maricopa, Arizona Storage Company consists of 551 total storage units, on 2.1 acres and currently sits at 88.2% physical occupancy. Featuring a mix of climate, evap cooled, and drive-up units, this 69,785 nrsf facility is strategically positioned within a region that will allow an investor to take advantage of the current, sub-5 square foot per capita market.

Fronting on Honeycutt Rd., one of two major east/west roadways that cuts directly through the city, Arizona Storage Company has excellent visibility and access from the 8,337 VPD that pass in front of the facility. The City of Maricopa has seen unrivaled growth, ranking in the top 5 fastest growing large cities in the U.S. from July 1, 2022 to July 1, 2023. During that short time span, Maricopa saw a 7.1% positive change in population where the average household income comes in just north of $105,000 within a 3-mile radius around the property.

With multiple opportunities to increase revenue, including the ability to increase the current below market effective rents, in conjunction with taking advantage of the region’s extraordinary year-over-year population growth, the facility illustrates the increasingly hard to find, non-REIT managed property that has continuously held a high level of performance. Buyers of this facility will be well-positioned to capture significant upside and reap the rewards of increased in-place and future revenue streams.