- Excellent Location – Signalized Hard Corner
- Strong Demos – 109k People Within Five Miles with 9.5 Percent Population Growth Over the Next Five Years
- Significant Capital Invested into the Property Recently
- Strong Historic Performance
- Single Story Drive-Up Construction
The LeClaire Group of Marcus & Millichap is pleased to exclusively offer for sale Southern Pavilion Mini Storage of Mesa, Arizona. This acquisition offers an investor the opportunity to acquire a cash-flowing self storage asset situated in Maricopa County, the fastest-growing county in the United States. The subject offers a variety of amenities, including wide-paved lanes for drive-up access, premium security and several self storage options for consumer convenience, paired with an excellent location ensuring high visibility along Southern Avenue. The facility is within proximity to several heavily traveled thoroughfares and is surrounded by a multitude of residential neighborhoods and national retailers.
The subject consists of 47,895 net rentable square feet on 2.74 acres. The 1997 vintage has a mix between standard and climate-controlled units, totaling 483 units for the whole facility. Southern Pavilion Mini Storage of Mesa recently underwent several deferred maintenance items, they recently replaced all the concrete and pavement within the facility, replacing all the lights with LED lights, painting the interior and exterior of the facility, replacing the swamp coolers with air conditioning, and started replacing unit doors. The subject offers perimeter-wide fencing, electronic video surveillance, computer-controlled gate access, user-friendly website and optimal lighting to ensure secure self storage. This asset will be for an investor looking for stable self storage in a densely populated region.