182 Unit Self Storage Facility In Prime Location
Phoenix, AZ Maricopa County
Downtown Phoenix
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- RE: 182 Unit Self Storage Facility In Prime Location
- Contact: Jason Dougher
Quick Facts
| Asking Price: | $2,200,000 | |
| Annual Revenue: | $203,191 | |
| Net Profit: | $107,935 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 1 | |
| BBN Listing #: | 992256 | |
| Broker Reference #: | 266-24176 |
Business Overview:
Third & Thomas Self Storage LLC is a long-established, family-owned self-storage facility located at 307 W Thomas Rd in the heart of Phoenix, Arizona. This two-story property offers a total of 16,500 square feet, with 13,392 square feet of rentable space across 182 units. The facility has consistently maintained an occupancy rate over 90% for many years and currently has 162 units leased as of April 2025. Located just minutes from downtown Phoenix, the facility is surrounded by a dense mix of medical offices, legal and accounting professionals, and the Wheeler District—a residential neighborhood made up of older homes often lacking adequate storage. As a result, the facility enjoys strong, stable demand from a diverse and loyal customer base, with the average tenant having occupied their unit for more than 4.4 years. The property features a mix of indoor temperature-controlled units and 12 outdoor shipping containers. Unit sizes range from as small as 10 square feet to as large as 420 square feet, offering flexibility for both residential and commercial clients. A freight elevator services the second floor to accommodate larger items, and the building has been well maintained, including the recent replacement of four of the facility’s six HVAC units. Gross rental income has demonstrated year-over-year growth from 2021 through 2023, peaking at over $212,000 in 2023. The facility generated a Net Operating Income of more than $135,000 in that same year. This is an exceptional opportunity for an investor seeking stable, predictable cash flow from a turn-key self-storage operation in a high-demand urban corridor. Additional property and financial details are available in the Information Brochure, which will be provided to qualified buyers upon execution of a Confidentiality Agreement.
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Property Features and Assets:
Seller is active with 1 PT employee. Hours of operation are 9:30am - 5:00pm, Mon - Sat.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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