investment highlights
- OPERATIONAL UPSIDE // With current physical occupancy below 80 percent, the asset presents a clear value-add opportunity. A new owner can drive meaningful NOI growth through lease-up, vacancy reduction, and continued implementation of ECRI revenue management strategies to push rental rates and optimize income.
- STRATEGIC LOCATION // StorQuest Self Storage of Glendale is well positioned in the northwest Phoenix metro, just southeast of Sun City. The property fronts North 67th Avenue, a major north–south arterial carrying approximately 24,669 vehicles per day and connecting Happy Valley Road to Baseline Road. This central infill location benefits from strong traffic exposure and proximity to a dense residential base within one of the nation’s fastest-growing metropolitan areas.
- COMPREHENSIVE UNIT OFFERING // The facility comprises 700 units totaling approximately 75,000 net rentable square feet. The unit mix includes a wide range of drive-up sizes from 5×5 to 20×20, providing flexible options to meet diverse customer needs. In addition, the property offers 25 open surface vehicle parking spaces, creating an additional revenue stream.
- STRONG DEMOGRAPHICS // The surrounding three-mile trade area features a robust population of 163,406 supported by 58,621 households. The area benefits from an average household income of $87,665, indicating strong demand drivers and pricing support for self-storage fundamentals.
property summary
StorQuest Self Storage, located in Glendale, Arizona, is comprising of approximately 700 units and 74,900 net rentable square feet. Situated on approximately 3.7 acres, the property was originally constructed in 1984 and features seven single-story all metal storage buildings. The facility’s drive‑up configuration and efficient site layout support convenient tenant access and functional operations, making it well-suited for both residential and commercial storage demand.
The property offers a strong amenity base, including ground-level and drive-up units, a broad mix of unit sizes, and dedicated parking for vehicles, RVs, and boats. Asphalt driveways provide smooth circulation throughout the site, while an on‑site management office positioned at the front of the facility enhances visibility and customer accessibility. Security features include electronic gated access and monitored surveillance systems.
The facility is centrally located in Glendale within a dense and well-established West Phoenix trade area. The property sits just north of Olive Avenue along North 67th Avenue, benefiting from strong visibility and traffic counts of approximately 24,669 vehicles per day, as well as convenient access to surrounding residential neighborhoods and retail corridors. The three-mile trade area supports a sizable customer base with a population of approximately 163,406, characterized by a mix of single-family and multifamily housing. Glendale’s position within the growing Phoenix metropolitan area—combined with proximity to Peoria and Phoenix—supports sustained residential and commercial storage demand, reinforcing the site’s attractiveness as a strategically positioned infill self‑storage location.
