Listed by Specialty One
$7,450,000
Tucson Self Storage
Details
Property Type Self Storage
Sub Type Drive-Up
Square Footage 47,111
Net Rentable (SqFt) 47,111
Units 560
NOI $291,300
Occupancy 72.5%
Tenancy Multi
Price per SqFt $158
Year Built 1976
Year Renovated 2018
Acreage 2.630
Zoning C2
Investment Type Value Add
Ownership Fee Simple
Self Storage | 560 Units
Marketing description
Tucson Self Storage is a 560-unit, drive-up self-storage facility strategically located along Golf Links Road in Tucson's established eastside submarket. Offered at a basis below replacement cost, the Property combines durable concrete construction, demonstrated historical cash flow, and significant occupancy upside.
Historical NOI exceeded $422,000, while current occupancy provides a clear opportunity for revenue growth through lease-up and operational improvements. Supported by proximity to Davis-Monthan Air Force Base, continued residential expansion throughout southeast Tucson and Vail, and limited competing supply, the Property offers investors an attractive value-add opportunity with multiple avenues for future NOI growth.
Investment highlights
- Acquire a 560-unit drive-up self-storage facility at a basis substantially below the cost of developing a comparable asset today while avoiding entitlement, construction, financing, and lease-up risk.
- Historical operations generated Net Operating Income exceeding $422,000 annually, demonstrating the Property's earnings potential and providing a clear benchmark for future value creation.
- Current physical occupancy of 72.5% presents a meaningful opportunity to increase revenue through lease-up, targeted marketing initiatives, and revenue management strategies.
- The Property benefits from direct frontage along Golf Links Road with convenient access to established residential neighborhoods, major employment centers, and the expanding southeast Tucson and Vail trade areas.
- Drive-up self-storage continues to appeal to both residential and commercial users due to its convenience, accessibility, and operational simplicity compared to multi-story facilities.
- The Property is supported by Davis-Monthan Air Force Base, ongoing residential growth throughout southeast Tucson and Vail, and continued commercial investment along the Golf Links corridor.
Listing Contacts
Listed by Specialty One
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$291,300.00
$24,275.00/mo
Valuation Metrics
0
DSCR
3.91%
Cap Rate
3.91%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
