exclusive self-storage offering · cushman & wakefield phoenix 2555 e. camelback rd, suite 400...

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QUEEN CREEK VERRADO Paul E. Boyle Executive Director +1 602 224 4414 [email protected] Rick Danis Executive Director +1 602 224 4405 [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

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Page 1: EXCLUSIVE SELF-STORAGE OFFERING · CUSHMAN & WAKEFIELD PHOENIX 2555 E. Camelback Rd, Suite 400 Phoenix, Arizona 85016 Ph: +1 602 954 9000 Fx: +1 602 253 0528 SELF STORAGE INVESTMENT

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

Page 2: EXCLUSIVE SELF-STORAGE OFFERING · CUSHMAN & WAKEFIELD PHOENIX 2555 E. Camelback Rd, Suite 400 Phoenix, Arizona 85016 Ph: +1 602 954 9000 Fx: +1 602 253 0528 SELF STORAGE INVESTMENT

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