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Self-Storage Facility

Spring Valley Self Storage

13500 S Spring Ln, Mayer, AZ 86333

Listing Price: $1,000,000

Cap Rate
7.01%
Number of Units
59
Occupancy
96.0%
Rentable SF
11,950
Price/Rentable SF
$83.68
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to present Spring Valley Storage, a high-occupancy self-storage facility located at 13500 South Spring Lane in Mayer, Arizona. The 59-unit property is positioned on 0.93 acres along State Route 69, one of Northern Arizona’s most heavily traveled corridors with over 17,000 vehicles per day. This strategic location is near Cordes Junction, the intersection of Interstate 17 and State Route 69, and is well-connected to Phoenix, Prescott, and Northern Arizona. Additionally, recent infrastructure investments along I-17, including lane expansions and roadway improvements, have
enhanced accessibility and traffic flow throughout the corridor. The property also enjoys strong visibility from the surrounding community, including Mayer High School and the greater Spring Valley area, where residents frequently pass the site when traveling to and from the region's primary commercial corridors. Moreover, a significant value-add opportunity exists via the potential addition of approximately 40 new 8' x 20' Boxwell relocatable storage units on the existing site. Engineered with heavy-duty steel construction and designed specifically for long-term outdoor self-storage use, these units provide a flexible and cost-effective expansion solution that can be deployed without traditional building construction.

Demand is primarily supported by residents, continued in-migration, recreational users, and transient travelers moving between Phoenix and Northern Arizona. Arcosanti, a nationally recognized architectural and cultural destination attracting more than 50,000 annual visitors, is located just minutes away and hosts year-round events, festivals, and educational programming. Additionally, the nearby Agua Fria National Monument, encompassing more than 70,000 acres of recreational land, drives tourism, outdoor recreation, and seasonal visitation throughout the region. Overall, Spring Valley Storage offers investors stable in-place cash flow, strong occupancy, strong visibility, tourism-driven demand, and a compelling expansion opportunity in a market characterized by limited institutional competition and supply.

Investment Highlights

  • Secure 7.01% Cap Rate with Stable Cash Flow & Long-Term Upside Potential
  • High-Occupancy Asset with Scalable Expansion Opportunity for 40 Additional Boxwell Storage Units
  • Strategically Located Near Cordes Junction Along I-17 & State Route 69 with 17,000+ VPD
  • Exposure to Northern Arizona Tourism Corridor Near Arcosanti & Regional Recreation Destinations
  • Limited Competition with Demand Driven by Local Residents, In-Migration, and Transient Traffic

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Self-Storage Facility

Spring Valley Self Storage

Listing Price: $1,000,000

Cap Rate
7.01%
Number of Units
59
Occupancy
96.0%
Rentable SF
11,950
Price/Rentable SF
$83.68
Year Built
1999

Investment Highlights

  • Secure 7.01% Cap Rate with Stable Cash Flow & Long-Term Upside Potential
  • High-Occupancy Asset with Scalable Expansion Opportunity for 40 Additional Boxwell Storage Units
  • Strategically Located Near Cordes Junction Along I-17 & State Route 69 with 17,000+ VPD
  • Exposure to Northern Arizona Tourism Corridor Near Arcosanti & Regional Recreation Destinations
  • Limited Competition with Demand Driven by Local Residents, In-Migration, and Transient Traffic

Investment Overview

Marcus & Millichap is pleased to present Spring Valley Storage, a high-occupancy self-storage facility located at 13500 South Spring Lane in Mayer, Arizona. The 59-unit property is positioned on 0.93 acres along State Route 69, one of Northern Arizona’s most heavily traveled corridors with over 17,000 vehicles per day. This strategic location is near Cordes Junction, the intersection of Interstate 17 and State Route 69, and is well-connected to Phoenix, Prescott, and Northern Arizona. Additionally, recent infrastructure investments along I-17, including lane expansions and roadway improvements, have enhanced accessibility and traffic flow throughout the corridor. The property also enjoys strong visibility from the surrounding community, including Mayer High School and the greater Spring Valley area, where residents frequently pass the site when traveling to and from the region's primary commercial corridors. Moreover, a significant value-add opportunity exists via the potential addition of approximately 40 new 8' x 20' Boxwell relocatable storage units on the existing site. Engineered with heavy-duty steel construction and designed specifically for long-term outdoor self-storage use, these units provide a flexible and cost-effective expansion solution that can be deployed without traditional building construction. Demand is primarily supported by residents, continued in-migration, recreational users, and transient travelers moving between Phoenix and Northern Arizona. Arcosanti, a nationally recognized architectural and cultural destination attracting more than 50,000 annual visitors, is located just minutes away and hosts year-round events, festivals, and educational programming. Additionally, the nearby Agua Fria National Monument, encompassing more than 70,000 acres of recreational land, drives tourism, outdoor recreation, and seasonal visitation throughout the region. Overall, Spring Valley Storage offers investors stable in-place cash flow, strong occupancy, strong visibility, tourism-driven demand, and a compelling expansion opportunity in a market characterized by limited institutional competition and supply.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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