investment highlights
- OPERATIONAL UPSIDE // Current asking rents trail the competitive set by approximately 73 percent, creating a clear and immediate opportunity to capture near term revenue through strategic rate adjustments and optimization.
- EXCELLENT LOCATION // Positioned along Southern Avenue in the heart of Mesa, the property benefits from more than 74,000 vehicles per day and immediate proximity to major demand drivers including Target, Banner Desert Medical Center, and a dense concentration of single-family and multifamily communities.
- STRONG DEMOGRAPHICS // Positioned in infill Mesa with 167,000+ residents and 71,000 households within a three-mile radius, supported by average household incomes exceeding $88,000. The dense, stable demographic base reinforces long term demand for storage.
- ATTRACTIVE LAYOUT & WELL MAINTAINED FACILITY // A clean, secure property offering convenient drive up access across the entire site and a desirable average unit size of 97 NRSF. The efficient design and low maintenance support operational ease and tenant satisfaction.
- HIGH GROWTH MARKET // The Phoenix metro ranks among the top U.S. markets for in-migration and household formation, with Mesa benefiting from rapid growth driven by young professionals, retirees, and remote workers. These trends continue to fuel durable, diversified storage demand.
property summary
StorQuest Self Storage is a 364-unit, 35,225 net rentable square foot self-storage facility located in Mesa, Arizona. The property sits on approximately 2.47 acres of land, was initially constructed in 1982 and offers a fortress style layout with stucco exteriors, metal roll-up doors, standing seam metal roofs and asphalt drives throughout.
The facility features a full suite of amenities, including a newly installed automatic gate system, a dedicated leasing office with integrated security and retail displays, and an on-site manager’s apartment on the second floor. Operations and security are further supported by LED lighting and 24/7 video surveillance throughout the property. Visibility is anchored by a large elevated pole sign prominently facing Southern Ave., which benefits from more than 36,000 vehicles per day.
A rare chance to acquire a self-storage asset in one of the fastest-growing submarkets in the Phoenix metro. Mesa continues to experience strong population inflows, robust housing development, and sustained economic expansion, creating durable demand for storage across all unit types. This opportunity offers investors immediate exposure to a high-performing market with strong fundamentals, diverse demand drivers, and proven resilience through economic cycles.
