SAFE T SELF STORAGE 183 Units 5 Storage Building 90% Occupied
CONFIDENTIALITY & DISCLOSURE SUN COMMERCIAL REAL ESTATE, INC. (the Broker ) has been retained on an exclusive basis to market the property described herein (the Property ). Broker has been authorized by the Seller of the Property (the Seller ) to prepare and distribute the enclosed information (the Material ) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate. The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verified by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker, nor any of their respective affiliates, agents, representatives, employees, parents, stubsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma. Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto. Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information. Michael Brazill Senior Associate mikeb@suncommercialre.com Paul Miachika Executive Vice President paulm@suncommercialre.com 2 of 6
TABLE OF CONTENTS PROPERTY OVERVIEW SECTION 1 Investment Highlights Property Summary Property Photos Aerial Map Michael Brazill 702-968-7306 MikeB@suncommercialre.com Paul Miachika 602-814-0661 PaulM@suncommercialre.com Exclusively listed by: Sun Commercial Real Estate, Inc.: 8160 N. Hayden Road, Suite J-208, Scottsdale, AZ 85258 480.922.2433 Ph 702.968.7301 Fax www.suncommercialre.com
INVESTMENT HIGHLIGHTS THE OFFERING: We are pleased to offer Safe T Self Storage for sale located in Sierra Vista, AZ at 6421 E. Highway 90. The property consists of 5 steel constructed storage buildings and a manager s office/quarters building. The facility offers 183 units totaling ±16,800 rentable SF. Unit mix of 5x10, 7x10, 10x10, and 10x20 units. The property has been professionally operated and is currently at approximately 90% occupancy. The property is located on 2 parcels totaling ±1.3 acres. New state of the art video surveillance system is installed with current rental rates below market. There is an opportunity to expand the property onto the adjourning ±2.2 acres over doubling the rental area for self storage. The offer price is $1,100,000 or $65.48/SF at well below replacement cost. LOCATION DESCRIPTION: Safe T Self Storage is located at 6421 E. Highway 90, Sierra Vista, AZ 85635, East of the interesection of Highway 90 and Highway 92, across the street from Canyon Vista Medical Center. The property consists of the APN s 107-23-029 and 107-23-020B. ASKING PRICE: $1,100,000 SITE SIZE - ACRES: ±1.3 ASSESSOR PARCEL NUMBERS: 107-23-029 107-23-020B INVESTMENT HIGHLIGHTS: Located near the Fort Huachuca U.S. Army Facility Well-maintained and professionally operated 183 units at ±16,800 SF Property is expandable to adjourning property which is available 90% occupied - Rental rates below market State of the art video surveillance system installed 4 of 6
PROPERTY PHOTOS 5 of 6
AERIAL MAP SCHWAN S HOME SERVICES N. 10 POND PI SUBJECT PROPERTY SUBJECT PROPERTY E. LITTLE MICHIGAN RD. HWY. 90 S. VISTA PARK RD. DILLONS UPS CUSTOMER CENTER HIGH DESERT FARMERS MARKET 6 of 6