Historical Industrial Sale Listing - Cochise Self Storage

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Cochise Self Storage

407 N. Frontage Rd., Sunsites, AZ 85625

N/A

18,080 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
18,080 SF
Property Type:
Industrial
Property Sub-type:
Self/ Mini-Storage Facility
Property Use Type:
Investment
Cap Rate:
11.41%
Occupancy:
100%
Tenancy:
Multiple
Year Built:
1992
Lot Size:
1.95 AC
Listing ID
17015712
Last Updated
over 1 year ago

Highlights

  • Excellent exposure on US Highway 191
  • Highly occupied facility with room for expansion
  • Quality block construction
  • Minimal deferred maintenance
  • Seller financing available!
  • On-site living quarters

Description

Cochise Self Storage is the dominant facility in the Pearce/Sunsites area, 26 miles south of Wilcox, AZ. The facility first opened in 1989 and further expanded in 1992, 1996 and 2000 due to strong market demand. It remains highly occupied today. The facility has been well maintained by the current long term owner with recent capital improvements such as new steel roofing and exterior painting.

The facility is currently owner managed by appointment leaving minimal onsite
resonsibilities. In addition to the self storage rentals, there are two commercial tenants in the property; an art studio and a local contractor providing additional revenue and onsite presence.

Pearce/Sunsites, in historic Cochise County, is a community of both working and retired residents, 85 miles southeast of Tucson and 28 miles southwest of Wilcox. Located in a scenic agriculturally oriented valley, Pearce-Sunsites is experiencing steady growth with many new privately owned businesses opening yearly.

The communities provide residential support to Wilcox, Douglas, Benson and Tucson where employment is found in communications, transportation, utility and service facilities.

Map of 407 N. Frontage Rd., Sunsites, AZ 85625 (Cochise County)

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