15701 N Reems Rd - Self-Storage Facilities FOR SALE


Surprise, AZ 85374- South Surprise
$17,999,999 USD
702-643-1000
15701 N Reems Rd, Surprise, AZ for Sale
$17,999,999 USD
Self-Storage Facilities - FOR SALE
1/5
null | Request Cap Rate

15701 N Reems Rd
Surprise, AZ 85374
South Surprise


HIGHLIGHTS

  • Prime Location: Located near major residential growth, retail, and employers in Surprise, AZ, with excellent access and visibility.
  • High Occupancy: Currently 88% occupied, demonstrating strong, consistent demand in a rapidly growing West Valley market.
  • Management Upside: Owner-managed with immediate potential to boost NOI through professional oversight and operational efficiencies.
  • Ancillary Income Potential: Opportunity to implement tenant insurance and online rental tools for low-cost, high-margin revenue growth.

OVERVIEW

For the most up to date information please visit https://www.gorden-group.com/active-listings Surprise Mini Storage, located at 15701 North Reems Road in Surprise, Arizona, represents an outstanding opportunity to invest in a high-performing storage facility within one of the Phoenix metro area’s most dynamic growth corridors. Set within a vibrant suburban community known for its strong population growth, active lifestyle, and family-friendly environment, the property enjoys excellent visibility and access, situated just minutes from major residential developments, retail centers, and arterial roads that connect to the broader West Valley. Constructed in 2002, the facility spans 110,325 rentable square feet across 814 units, with an impressive 88% occupancy—a clear reflection of consistent market demand. The property sits on 6.14 acres (267,458 SF) and offers a diverse unit mix, including covered, air-conditioned storage, catering to both residential, recreational, and business users. The inclusion of an onsite manager’s apartment supports hands-on oversight, while leased cell towers generate valuable recurring ancillary income, adding to the property’s strong financial performance. Designed for functionality and long-term upside, Surprise Mini Storage presents multiple value-enhancing opportunities, including the implementation of professional management, a rental-optimized website, and a tenant insurance program. These strategic improvements offer a clear path to increased NOI in a submarket with favorable demographic trends and limited new competition—positioning this asset as a compelling, growth-oriented investment in Arizona’s booming West Valley. For the most up to date information please visit https://www.gorden-group.com/active-listings

FOR SALE DETAILS

PRICE

$17,999,999 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Surprise Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

6.14 AC

LAND SF

267,439 SF

ZONING

C-C

APN/PARCEL ID

501-17-849A

ASK ABOUT THIS PROPERTY

Jeffery GordenThe Gorden CompanyMore Info
702-643-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jeffery GordenThe Gorden CompanyMore Info
702-643-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.