CAREFREE HIGHWAY, Phoenix, AZ 85086

CAREFREE HIGHWAY SELF STORAGE & FLEX SHOWROOM DEVELOPMENT

FOR SALE 12.47 Acres | Nearly Shovel-Ready | Zoning Case Pending | Maricopa County Island | Strategic Corridor Near $100B TSMC Campus

EXECUTIVE SUMMARY

A rare opportunity to acquire a strategically located 12.47-acre development site along the Carefree Highway corridor in North Phoenix, positioned directly in the path of one of the largest economic expansions in the United States. The site has been designed for a high-demand combination of drive-up self-storage and small-bay flex / showroom space, a product type that is increasingly difficult to deliver in this rapidly urbanizing submarket.

The proposed development plan includes 500+ drive-up storage units together with a flex showroom component designed to serve contractors, service businesses, e-commerce users, and suppliers requiring convenient access to the rapidly expanding North Valley employment base. The layout maximizes operational efficiency while providing strong street presence and easy circulation for trucks, trailers, and small commercial users.

The property consists of approximately 12.47 acres located within an unincorporated Maricopa County island, and is currently progressing through an active C-2 / C-3 commercial zoning case, allowing for a wide range of storage, flex, showroom, and supporting commercial uses. With site planning substantially completed and entitlements already underway, the project presents a near shovel-ready development opportunity, allowing an investor or developer to accelerate delivery into a market experiencing immediate supply constraints.

The site is strategically positioned just minutes from the rapidly expanding TSMC semiconductor manufacturing campus, one of the largest advanced manufacturing investments in the world. With multiple fabrication plants now under construction and additional phases planned, the TSMC campus alone represents tens of thousands of construction and permanent technology jobs and a massive ecosystem of suppliers and service companies.

Directly adjacent to the semiconductor corridor is Halo Vista, a newly announced master-planned technology and innovation district intended to support the TSMC supply chain and related advanced manufacturing companies. Together, these developments represent well over $150 billion in projected investment and one of the most significant technology growth corridors in the country.

Within a five-mile radius of the property, the combined impact of TSMC expansion, Halo Vista, and accelerating residential growth is driving significant near-term demand for self-storage, contractor storage, and small-bay flex space. Construction trades, equipment suppliers, technology vendors, and service businesses supporting the semiconductor ecosystem require conveniently located storage and operational space, while the surrounding residential growth further supports long-term storage demand.

The Carefree Highway corridor is uniquely positioned to serve this expanding market, providing direct access to I-17 and the North Valley employment corridor while remaining minutes from high-growth residential communities including Desert Hills, Tramonto, and the expanding north Phoenix development frontier.

With limited competing storage and flex product in the immediate trade area and a wave of job creation already underway, this offering represents a compelling opportunity to deliver needed storage and flex space into one of the fastest-growing employment corridors in Arizona.

INVESTMENT OPPORTUNITY

This offering presents a rare chance to acquire a nearly shovel-ready development with entitlement momentum and direct exposure to one of the strongest industrial and technology-driven submarkets in Arizona. Whether held for build-to-suit, lease-up, or resale, the project represents an ideal blend of timing, location, and forward-looking demand.