An investigation of the impact of promotions on across-submarket competition
ALMA SCHOOL MINI STORAGE & SERVICE STRIP MALLimages3.loopnet.com/d2/Kw7QBRzI4qdESNCSa0...MARKET:...
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www.kwcommercial.com KW COMMERCIAL 2500 S Power Rd. Suite 121 Mesa, AZ 85209 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. MELODY BRAMER Agent 0: 602.290.3643 [email protected] OFFERING SUMMARY SALE PRICE: $1,575,000 LOT SIZE: 1.346 Acres YEAR BUILT: 1986 BUILDING SIZE: 26,070 RENOVATED: 2017 ZONING: LC MARKET: Phoenix SUBMARKET: East Valley PRICE / SF: $60.41 PROPERTY OVERVIEW Alma School Plaza Self Storage facility located one block south of the North 202 Red Mountain Freeway. This property consists of a secured/gated mini storage facility with 66 units, to open RV spaces, and 4 open car spaces with electric gate, that is consistently 95% occupied. One office building and one manager's residence. The property also includes a retail strip center with 6 retail/office spaces highly visible from Alma School Rd. Recently updated complex including pole signage, paved parking lot, security, interior and exterior paint. High traffic intersection with 27,600 cars a day. Located on a 58,632 sf/1.35 acre corner lot. Lot zoned General Commercial. Close to River View shopping, new development of 80 homes, and 2 large office complexes. All information is believed to be reliable but not guaranteed. It is the responsibility of the buyer to verify all information. PROPERTY HIGHLIGHTS • 66 storage units • 2 open RV spaces • 4 open car spaces • 6 leased retail spaces • New roof over retail spaces with warranty • New LED lights and security cameras throughout • Resurfaced/coated parking lot • New Monument sign 1533 N Alma School Rd, Mesa, AZ 85201 ALMA SCHOOL MINI STORAGE & SERVICE STRIP MALL SELF STORAGE/RETAIL FOR SALE
Transcript of ALMA SCHOOL MINI STORAGE & SERVICE STRIP MALLimages3.loopnet.com/d2/Kw7QBRzI4qdESNCSa0...MARKET:...
www.kwcommercial.com
KW COMMERCIAL2500 S Power Rd. Suite 121Mesa, AZ 85209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
MELODY BRAMERAgent0: [email protected]
OFFERING SUMMARY
SALE PRICE: $1,575,000
LOT SIZE: 1.346 Acres
YEAR BUILT: 1986
BUILDING SIZE: 26,070
RENOVATED: 2017
ZONING: LC
MARKET: Phoenix
SUBMARKET: East Valley
PRICE / SF: $60.41
PROPERTY OVERVIEWAlma School Plaza Self Storage facility located one block south of the North 202 Red Mountain Freeway. This property consistsof a secured/gated mini storage facility with 66 units, to open RV spaces, and 4 open car spaces with electric gate, that isconsistently 95% occupied. One office building and one manager's residence. The property also includes a retail strip centerwith 6 retail/office spaces highly visible from Alma School Rd. Recently updated complex including pole signage, paved parkinglot, security, interior and exterior paint. High traffic intersection with 27,600 cars a day. Located on a 58,632 sf/1.35 acre cornerlot. Lot zoned General Commercial. Close to River View shopping, new development of 80 homes, and 2 large office complexes.All information is believed to be reliable but not guaranteed. It is the responsibility of the buyer to verify all information.
PROPERTY HIGHLIGHTS• 66 storage units
• 2 open RV spaces
• 4 open car spaces
• 6 leased retail spaces
• New roof over retail spaces with warranty
• New LED lights and security cameras throughout
• Resurfaced/coated parking lot
• New Monument sign
• New gate entrance monitoring system rebuilt gate tracking system
• Updated wiring
• Overhead doors replaced as needed
• Manager's apartment remodeled with new floors and appliances
• Managers apartment rented separately for $950
• Investment property
1533 N Alma School Rd, Mesa, AZ 85201
ALMA SCHOOL MINI STORAGE & SERVICE STRIP MALL
SELF STORAGE/RETAIL FOR SALE
www.kwcommercial.com
KW COMMERCIAL2500 S Power Rd. Suite 121Mesa, AZ 85209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
MELODY BRAMERAgent0: [email protected]
1533 N Alma School Rd, Mesa, AZ 85201
ALMA SCHOOL MINI STORAGE & SERVICE STRIP MALL
SELF STORAGE/RETAIL FOR SALE
www.kwcommercial.com
KW COMMERCIAL2500 S Power Rd. Suite 121Mesa, AZ 85209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
MELODY BRAMERAgent0: [email protected]
1533 N Alma School Rd, Mesa, AZ 85201
ALMA SCHOOL MINI STORAGE & SERVICE STRIP MALL
SELF STORAGE/RETAIL FOR SALE
www.kwcommercial.com
KW COMMERCIAL2500 S Power Rd. Suite 121Mesa, AZ 85209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
MELODY BRAMERAgent0: [email protected]
POPULATION 1 MILE 3 MILES 5 MILES
Total Population 9,040 86,373 266,155
Median Age 29.7 30.4 31.1
Median Age (Male) 30.2 29.6 30.3
Median Age (Female) 29.8 31.9 32.0
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total Households 3,437 32,747 102,527
# Of Persons Per HH 2.6 2.6 2.6
Average HH Income $51,258 $48,342 $52,549
Average House Value $170,135 $156,239 $190,569
* Demographic data derived from 2010 US Census
1533 N Alma School Rd, Mesa, AZ 85201
ALMA SCHOOL MINI STORAGE & SERVICE STRIP MALL
SELF STORAGE/RETAIL FOR SALE
