TUCSON, AZ | The LeClaire Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of National RV Central, a 125,015 square foot RV storage facility located in Tucson, Arizona.
Thomas Parsons, Investment Associate, and Adam Schlosser, Senior Vice President Investments, had the exclusive listing to market the property on behalf of the seller, a local partnership. “This is one of the largest fully enclosed and climatized RV storage facilities in the country which helped drive interest from nationwide investors,” said Thomas Parsons, listing broker. The buyer was a national private self storage operator based in Colorado.
National RV Central is the only fully enclosed and climate-controlled RV and boat storage option in their market. Built in 2006, the facility is comprised of 112,115 NRSF of indoor climate-controlled RV storage, 5,100 NRSF of traditional drive-up self storage, and a 7,800 NRSF service bay rented to a third party. There is no outside storage, 100 percent of the RV and boat storage is fully enclosed. The property is strategically located next to Interstate 10 (I-10). Because of the tall buildings and prominent signage, the facility is very visible to all 110,000 vehicles which drive by each day. The property is situated in a populated area with approximately 130,279 people and 53,233 households in a five-mile radius with an average household income of $72,389.