Gorden Group

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A-Secured Vehicle Storage – Gilbert, AZ

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Description

Read more about this closed sale here.

General Information

A-Secured Vehicle Storage is an 11-acre vehicle storage facility in Gilbert, Arizona. The property was first improved for this use in 1999. The property has seen recent capital improvements to the drive aisles and shade structures. Recent modernization of this facility’s management and marketing operations has led to this steady and consistent occupancy level.

The opportunity in this stabilized storage facility offers investors the high yields of storage investment properties with a low management expense. Capital improvements have been made. Modernization of the facility’s operations have been made. The facility has completed lease up and reached a stabilized occupancy, prime for revenue management optimization. This is a stable investment opportunity offering a significant return as well as the lowest management and upkeep efforts of any real estate class, making it a great addition to any investment portfolio.

 Market Overview

Gilbert is a town in Maricopa County, Arizona, located southeast of Phoenix, within the Phoenix metropolitan area. It is currently the sixth-largest municipality in Arizona, and the fifth-largest in the valley. The town encompasses 76 square miles and has made a rapid transformation from an agriculture based community to an economically diverse suburban center. In the just last four decades, this town once known as the “Hay Shipping Capital of the World”, has increased its population from 5,717 in to 246,336.

It wasn’t just by accident that this town expanded so quickly. Gilbert has recently been Showered in awards. It has been named as one of America’s Top 20 Thriving Cities, a Top Place in the Nation to Live and Learn, a Best Place for Job Seekers in Arizona, the #1 City in the Nation for Working Parents, 17th in the Nation for First-Time Home Buyers and the 2nd Safest City in the U.S. This town has truly has a lot to offer in both economic growth and access to recreational activities.

The driving force behind this towns economy is most certainly the healthcare & bio technology industries. Some of the nation’s major healthcare players like Dignity Health (formerly Catholic Healthcare West), Banner Healthcare and M.D. Anderson Cancer Center choose Gilbert. The town is also well-known for stem cell transplant therapies and regenerative medicine through firms like Celebration Stem Cell Centre, Translational Research Institute, and Cardiovascular & Stem Cell Consultants. The town has over 2 million-square feet of hospital and clinical research facilities including Banner M.D. Anderson Cancer Center, the Ironwood Cancer Research Center; Mercy Gilbert Medical Center, Banner Gateway Medical Center and Gilbert Hospital. Additionally, Gilbert has approximately 30 acres of commercial real estate earmarked for healthcare facilities and service.

Not only is Gilbert a great place to work, but it is a great place to live. Gilbert is central to many of Arizona’s scenic attractions. Northeast lies the Superstition Mountains, location of the legendary Lost Dutchman’s Gold Mine, as well as the Tonto National Forest which contains scenery ranging from rugged desert to cool pines. South lies Saguaro National Park, home to the giant saguaro, a plant found in only a small portion of the United States. But you don’t have to travel outside of Gilbert to discover the outdoors. Considered the premier bird watching facility in the Phoenix metro region, the Riparian Preserve located within Gilbert features hiking and equestrian trails and provides an opportunity for wildlife.