Florence Mini Storage Development Site
Florence, AZ
Investment Summary
CBRE’s Self Storage Advisory Group proudly presents Florence Mini Storage Development Site, a (traditional/premier) self storage facility located in the Phoenix-Mesa, AZ MSA. The property features 456 units distributed across 54,750 net rentable square feet of ground level drive up and interior climate controlled (first-floor) storage space. Valuable on-site amenities offered include online rental and bill pay system, 24 hour gate access and digital video surveillance.
The Phoenix-Mesa, AZ Metro boasts top economic performance as the #14 MSA GMP economy in the nation. Greater Phoenix is one of the largest metro areas in the country by land area, and each year hundreds of thousands of “snowbirds” live in the region to escape the harsh winter climate of other states.
The city of Florence has a diverse economy with a strong surge in the data center industry in recent years, with a future data center planned on a 96-acre plot in the city. Florence Mini Storage is situated in a highly desirable location directly in front of a multi-family apartment community and northeast of Coolidge Municipal Airport. The facility is located near BUS-79 with daily traffic counts of 9,500 vehicles per day passing near the facility. The area has strong income, with the 3-5 mile average household income ranging from $69,783 to $77,897.
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Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients
With more than $7 billion in consideration and over 48 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
