Skip to main content

Self-Storage Facility

Extra Space CofO Gilbert

12849 S Higley Rd, Gilbert, AZ 85296

Listing Price: Request For Offer

Number of Units
696
Occupancy
78.0%
Gross SF
70,000
Rentable SF
70,000
Year Built
2022

Investment Overview

Layout consists of one three-story new construction building made up of 696 climate controlled units totaling 70,000 NRSF accessible via two high speed commercial elevator bays and a large exterior covered unloading area. Aluminum and glass store front and TPO flat roof. Prominent elevated signage up on the third story as well as a monument sign near the entrance. Premium brick and stucco exteriors.

Investment Highlights

  • PRIME LOCATION // High visibility location just off the 202 HW (Santan Freeway) on Higley Road with over 85,000 passing cars per day.
  • HIGH RENTAL RATE MARKET // Growing suburban submarket with climate controlled rents averaging $1.80.
  • FAVORABLE SUPPLY/DEMAND DYNAMIC // Average occupancy across the trade is in the mid/high 90's bolstered by 6.2 square feet per capita within three miles.
  • EXCELLENT DEMOS // Over 109K people and 35K households in the three-mile trade area with 8.33 percent population growth over the next five years. Average HH incomes of over $125K.
  • CLASS "A" INSTITUTIONAL QUALITY // The project will offer the highest quality amenities and finishes with 70K net rentable square feet of climate controlled space and large exterior covered unloading area.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Self-Storage Facility

Extra Space CofO Gilbert

Listing Price: Request For Offer

Number of Units
696
Occupancy
78.0%
Gross SF
70,000
Rentable SF
70,000
Year Built
2022

Investment Highlights

  • PRIME LOCATION // High visibility location just off the 202 HW (Santan Freeway) on Higley Road with over 85,000 passing cars per day.
  • HIGH RENTAL RATE MARKET // Growing suburban submarket with climate controlled rents averaging $1.80.
  • FAVORABLE SUPPLY/DEMAND DYNAMIC // Average occupancy across the trade is in the mid/high 90's bolstered by 6.2 square feet per capita within three miles.
  • EXCELLENT DEMOS // Over 109K people and 35K households in the three-mile trade area with 8.33 percent population growth over the next five years. Average HH incomes of over $125K.
  • CLASS "A" INSTITUTIONAL QUALITY // The project will offer the highest quality amenities and finishes with 70K net rentable square feet of climate controlled space and large exterior covered unloading area.

Investment Overview

Layout consists of one three-story new construction building made up of 696 climate controlled units totaling 70,000 NRSF accessible via two high speed commercial elevator bays and a large exterior covered unloading area. Aluminum and glass store front and TPO flat roof. Prominent elevated signage up on the third story as well as a monument sign near the entrance. Premium brick and stucco exteriors.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

MM Texture Background
MM Textured Background Lower