DEAL SUMMARY

​

List Price:  TBD by Market

NRSF:        66,565

Units:         548

​​Acres:        2.57

​

INVESTMENT HIGHLIGHTS

​

CORE INVESTMENT OPPORTUNITY // Premium class "A: construction and amenities in a prime location with historically high occupancy, supporting the potential to command the highest rates in the trade area.

​

PRIME LOCATION // Located in a densely populated market with car counts exceeding 21K vehicles per day.

​

EXCELLENT DEMOS // The three-mile trade area boasts 93.4K, 46K+ households, and over 21,000 multi-family units. Five-year population growth is projected at 6.75 percent supporting future demand for self storage.

​

FAVORABLE SUPPLY INDEX // The total three-mile supply index is 9.21 sq feet per capita, with only 5.47 sq feet of that being climate-controlled space.

​

POSITIVE INCOME TRENDING // Trailing 12, trailing 9,

trailing 6 and trailing 3 month periods represent positive income growth.

​

INVESTMENT SUMMARY

​

Located in the highly desirable Southeast Mesa submarket, Extra Space Storage (Managed) at 1926 S. Crismon Road presents an exceptional opportunity to acquire a 2021 vintage, institutional-quality self-storage asset in one of the fastest-growing regions within the Phoenix MSA. Strategically positioned near the intersection of US-60 and Loop 202, the property benefits from outstanding visibility and accessibility to over 21,240 cars per day, serving the rapidly expanding communities of Mesa, Gilbert, Apache Junction, and Queen Creek. 

​

The property consists of approximately 66,565 rentable square feet across 548 units. The facility features a highly diversified unit mix with climate-controlled interior units on two floors and drive-up units along the side and rear of the building designed to accommodate a broad customer base. As of March 2026, the property reported approximately 95% physical occupancy, demonstrating strong operational performance and consistent tenant demand. 

​

Purpose-built to meet modern consumer expectations, the top of class facility offers a robust amenity package including a well-appointed rental office, automated gate with secure keypad access, 24-hour video surveillance, covered loading areas, elevator access, and wide-drive aisles. The property also benefits from extended access hours and a professionally maintained appearance that reflects the developer's institutional standards. 

​

The surrounding trade area continues to experience significant residential and commercial growth fueled by strong population migration, new housing development, and expanding employment centers throughout the East Valley. This sustained growth has driven increasing demand for self-storage solutions, positioning the asset to continue benefiting from favorable market fundamentals and long-term rent growth potential.

​

Financially, the property demonstrates strong in-place cash flow with projected Year One NOI growth supported by operational efficiencies and continued rental rate optimization. The facility’s combination of stabilized occupancy, professional third-party management, and strategic infill location makes 1926 S. Crismon Road a compelling investment opportunity for investors seeking durable income and long-term appreciation within the resilient self-storage sector.