Wildcat Storage

Property Title

657 West Saint Mary's Road
Tucson, AZ 85701

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investment highlights

  • Great Location, Off I-10. Under Two Miles from the University
  • Offers Diverse Revenue Streams
  • Owner Managed with Below Market Rents
  • Great Demos – 113,393 Population Within 3-Mile Radius
  • 6.34 Square Foot Per Capita
  • Strong Historic Occupancy

property summary

Wildcat Storage is located right off Interstate-10 on 657 West St. Mary’s Road in Tucson, Arizona. Great Interstate-10 has approximately 162,790 cars per day, while West St. Mary’s has 23,681 cars per day. The property lies less than two miles from The University of Arizona which currently has over 44,000 students. There are 113,393 people with and have a household income of $43,812 within the three-mile radius.

The 51,763 net rentable square was originally built with metal construction in 1957 and expanded in 2005 with a brick retail shop. The property consists of three buildings. The largest building is a 30,000-SF warehouse filled with incubator-cooled storage units, a loft area where an on-site manager could live, as well as a floral retail business attached out front. The building that is parallel with St. Mary’s Road is filled with retail/office spaces with 11 different tenants. The final building located in the middle of the others is an antique retail business. Overall, there are 290 rentable units.

The storage facility and retail spaces have been solely managed by the owner for the past 17 years.  This a great opportunity to enter the Tucson Market and bring in a professional management team to improve operations. There are below market rents as well as a lack of a web presence for marketing.

Broker Information

James Behrmann

Associate

Phone: 602.687.6690
Email: jbehrmann@marcusmillichap.com
License: AZ SA683557000

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

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