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  • For sale

For Sale

$3,900,000 USD

This asset is a mixed-use storage and retail project with excess land for expansion in Tucson, Arizona. The facility offers 48,060 square feet of storage (226 units), retail (23 spaces) and hobby spaces (9 spaces), one apartment and one covered parking space in 60 units.

Lease Note
Colliers National Self-Storage Services has been retained as the exclusive advisor by the ownership to offer for sale the WildCat Storage & Retail property located at 657 W St Marys Rd, Tucson AZ 85701.

Based on a projected 2022 net operating income of $238,472 the current value of this facility ranges between $4.14 – 4.33 million. Asking price of $3,900,000 represents a 6% + CAP on projected 2022 NOI. Rents are on average approximately 74% of published street rents for the local market. This asset is being offered free and clear of any existing debt allowing the investor/ buyer to acquire the property utilizing their own preferred debt/equity deal structure.