Casa Grande Land | Fully Designed & Entitled
New Offering: Phoenix-Mesa-Chandler, AZ MSA | List Price - $1,750,000 | 118,850 NRSF | Self-Storage
Marketing description
• Rare New Development Opportunity Within a Supply-Constrained Market With No Self-Storage Construction Delivered Within a 5-Mile Radius Since 2008
• Upon Completion, Market Supply Will Remain Below 9 Square Feet Per Capita Within the 5-Mile Radius
• Strong Demographic Fundamentals Supported by a Population Base of More Than 43,000 Residents Within a 5-Mile Radius. Population Growth Significantly Outpaces National Averages, With Annual Growth Rates of 5.34% Within 3 Miles and 3.27% Within 5 Miles
• Affluent Trade Area With Average Household Incomes Approaching $95,000
• Fully Designed Project With Site Plans Completed and Positioned to Immediately Pursue Building Permits
Investment highlights
SkyView Advisors presents Casa Grande Land, a fully designed, ready for building permit subdivision, self-storage development at 300 North Hacienda Road in Casa Grande, AZ, offering 118,850 net rentable square feet across 1,015 units in 6 buildings. Slated for 2027 delivery, the facility provides 394 climate-controlled units, 571 drive-up units, and 50 uncovered boat and RV parking spaces. The 5-mile radius features an average household income near $95,000 and a 5.34% annual population growth rate within three miles, supporting robust storage demand. The submarket is severely undersupplied, with zero new self-storage construction within five miles since 2008, driving existing facilities to peak occupancies. Upon Year 4 stabilization, the property is projected to generate $1,372,339 in Net Operating Income. Driven by local economic expansion and over 6,400 new corporate jobs, this project captures pent-up demand in an undersupplied market.
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