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1040 N VIP Blvd
Casa Grande, AZ 85122
24-7 Automated Storage · Specialty Property For Sale
·
43,030 SF
Investment Highlights
- Ability to Increase Rental Rates by 13% to Reach Market Levels in Year 1
- High Percentage of Renter Occupied Homes of 50% in 1 Mile Radius in Comparison to National Average of 32%
- Current NRSF Per Capita Below Equilibrium in 3 and 5 Mile Radius (7.03/7.8) With No Facilities Under Construction
- Value-Add Opportunity to Increase Physical Occupancy by 8-10% in Year 1
- Population Growth 6x Higher than National Average at 1.48% in 5 Mile Radius
Property Facts
| Property Type | Specialty | Building Size | 43,030 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1968 |
| Lot Size | 3.57 AC | Parking Ratio | 0.12/1,000 SF |
| Zoning | I-1 | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.57 AC |
| Building Size | 43,030 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 0.12/1,000 SF |
| Zoning | I-1 |
Property Taxes
| Parcel Number | 503-46-047E | Improvements Assessment | $1,162,823 |
| Land Assessment | $294,396 | Total Assessment | $1,457,219 |
Property Taxes
Parcel Number
503-46-047E
Land Assessment
$294,396
Improvements Assessment
$1,162,823
Total Assessment
$1,457,219
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