182-Unit Self Storage Facility in Downtown Phoenix, Arizona

This listing presents a well-established, family-owned self-storage facility, Third & Thomas Self Storage LLC, located in the vibrant heart of Phoenix, Arizona. The property spans 16,500 square feet with 13,392 square feet of rentable space across 182 units, including temperature-controlled options and outdoor shipping containers. Benefiting from a prime location near downtown Phoenix and surrounded by dense residential and professional areas, the facility enjoys sustained demand and a loyal customer base, evidenced by an average tenant tenure exceeding 4.4 years and a consistent occupancy rate above 90%. The business has demonstrated year-over-year gross revenue growth, reaching over $212,000 in 2023, and generated a Net Operating Income of more than $135,000 in the same year. Recent capital improvements include the replacement of four HVAC units. This is an ideal opportunity for investors seeking a stable, predictable cash flow from a turn-key self-storage operation in a high-demand urban corridor.