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Self-Storage Facility

City Square Storage

2250 AZ-95, Suite 256, Bullhead City, AZ 86442

Listing Price: Request For Offer

Number of Units
440
Occupancy
70.6%
Gross SF
51,640
Rentable SF
51,640
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale City Square Storage located in Bullhead, Arizona. The facility consists of 440 climate controlled units totaling 51,640 net rentable square feet. The facility was converted to storage in 2020. Since opening, the facility has witnessed a very fast lease up period and has already been able to achieve a physical occupancy of 91.20 percent. There is 24,000 gross square feet of the building that is currently not utilized that is approved to be converted into more storage units for a potential expansion. There is also a possibility for an outdoor expansion of 15,275 square feet. The property includes an on-site management office and 24-hour video surveillance.

This facility benefits from being the only facility in Bullhead City that offers climate controlled storage. They are located off Arizona State Route 95 which offers high daily traffic counts of 25,414 cars per day. The facility is also surrounded by lots of residential neighborhoods, as well as restaurants, retail stores, and schools.

All offers for City Square Storage should be submitted in a Letter of Intent format by the end of business on September 16, 2021. Seller reserves the right to sell prior to call for offers should a compelling offer be received.

Investment Highlights

  • Only Facility to Offer Air-Conditioned Storage in Bullhead City
  • 51,640 Net Rentable Square Feet
  • 440 Climate Controlled Units
  • Quick Lease-Up Since Opening August 2020
  • 91.20 Percent Physically Occupied

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Listing Price: Request For Offer

Number of Units
440
Occupancy
70.6%
Gross SF
51,640
Rentable SF
51,640
Year Built
2020

Investment Highlights

  • Only Facility to Offer Air-Conditioned Storage in Bullhead City
  • 51,640 Net Rentable Square Feet
  • 440 Climate Controlled Units
  • Quick Lease-Up Since Opening August 2020
  • 91.20 Percent Physically Occupied

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale City Square Storage located in Bullhead, Arizona. The facility consists of 440 climate controlled units totaling 51,640 net rentable square feet. The facility was converted to storage in 2020. Since opening, the facility has witnessed a very fast lease up period and has already been able to achieve a physical occupancy of 91.20 percent. There is 24,000 gross square feet of the building that is currently not utilized that is approved to be converted into more storage units for a potential expansion. There is also a possibility for an outdoor expansion of 15,275 square feet. The property includes an on-site management office and 24-hour video surveillance.

This facility benefits from being the only facility in Bullhead City that offers climate controlled storage. They are located off Arizona State Route 95 which offers high daily traffic counts of 25,414 cars per day. The facility is also surrounded by lots of residential neighborhoods, as well as restaurants, retail stores, and schools.

All offers for City Square Storage should be submitted in a Letter of Intent format by the end of business on September 16, 2021. Seller reserves the right to sell prior to call for offers should a compelling offer be received.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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