6129 N 59th Ave - Store Here Glendale 29,508 SF Specialty Building Offered For Sale in Glendale, AZ 85301

Store Here Self-Storage, located at 6129 North 59th Avenue, Glendale, AZ, presents a strategic opportunity to acquire a well-positioned self-storage facility in a thriving market. The property spans 29,508 net rentable square feet (NRSF) across 303 self-storage units. Built in 1984, the facility is currently operating at 70% physical occupancy and 86% economic occupancy, with significant potential for growth. The surrounding 5-mile radius includes over 545,059 residents, and the storage supply in the area is 8.09 SF per capita, indicating strong demand coupled with limited competition. The facility benefits from its position near major traffic corridors, including North 59th Avenue (24,900 vehicles per day) and Bethany Home Road (22,500 vehicles per day), ensuring high visibility and access for potential customers. The market conditions in Glendale, characterized by a steady population growth rate and an undersupplied trade area with minimal self-storage competition, create an attractive environment
for long-term investment. With limited new storage development in the pipeline, this facility stands out as a highly attractive acquisition.
This property represents a rare opportunity to acquire a value-add facility in a major national MSA. With minimal near-term capital expenditures required, Store Here Self Storage offers significant upside potential for investors looking to capitalize on its existing operational efficiencies and growing regional demand.