Q U E E N CR E E KVE R R ADOPaul E. BoyleExecutive Director+1 602 224 [email protected]
Rick DanisExecutive Director+1 602 224 [email protected]
Presented To:
Charles Dudek
Rose Marie Dudek
February 2016
West Thunderbird Mini-Storage 12500 W. Thunderbird Rd, El Mirage, Arizona
EXCLUSIVE SELF-STORAGE OFFERING
OFFERING TERMS
Price: Unpriced
Net Operating Income (Pro Forma):
$268,232
Year Built: 2002
Size: ±45,230 SF (8 Buildings)7,200 SF (Expansion Opportunity)
Units:
397 Rentable Total Units (267 Drive-Up) (130 Air-Cooled) (11 Additional RV/Boat Spaces)
West Thunderbird Mini Storage is an eight (8) building development located at 12500 West Thunderbird Road in El Mirage, Arizona. The property contains 45,230 rentable square feet and features an on-site management office/residence. All eight buildings are made of prefabricated metal construction. The property has 397 units (including 130 air-cooled), and excess land which can accommodate an additional 7,200 rentable square feet/65 units.
397 STORAGE UNITS
8 BUILDINGS
45,230 SF RENTABLE BUILDING AREA
30% AIR-COOLED UNITS
On Site Amenities ON-SITE MANAGEMENT, GATED INGRESS/EGRESS, LOCATED IN AN OPPORTUNITY ZONE
94% OCCUPANCY
2.51 ACRES
24 HOUR SURVELIIANCE
11 ADDITIONAL RV/BOAT SPACES
CUSHMAN & WAKEFIELD PHOENIX 2555 E. Camelback Rd, Suite 400Phoenix, Arizona 85016Ph: +1 602 954 9000Fx: +1 602 253 0528
SELF STORAGE INVESTMENT ADVISORY
EQUITY, DEBT & STRUCTURED FINANCE
JEREMY KORER +1 602 224 4427 [email protected]
FINANCIAL ANALYSIS & UNDERWRITING
SCOTT ANGELLResearch Analyst +1 602 224 [email protected]
RICK DANIS Executive Director +1 602 224 4405 [email protected]
PAUL E. BOYLE Executive Director +1 602 224 4414 [email protected]
EXECUTIVE SUMMARY