The sale of Broadway Self Storage was recently recorded in Tucson, Arizona. The property was originally built in 1985 as a health club and converted to a three-story self storage in 2007. It consisted of 482 climate controlled units in 30,000 square feet. The location of the property is 6444 E. Broadway, in Tucson, Arizona. The property sold to a limited liability company controlled by Business Property Trust of Portland, Oregon. The seller was Broadway Wilmot Self Storage, LLC, an entity controlled by a Tucson investor. The sales price was $1,155,000. The building was approximately 60% occupied at closing.
Bill Alter handled the transaction on behalf of the buyer. Bill specializes in storage facility sales and this represents his 130th successful closing. For more information regarding the above listed transaction, contact Bill Alter at 602-315-0771 or Bill@RGcre.com.
Specializing in commercial real estate for over 20 years, Rein & Grossoehme is consistently recognized as a market leader in Arizona and provides services in retail leasing and sales, office leasing and sales, industrial leasing and sales, land and pads, self storage properties, multi-family properties, single tenant triple net leased properties, and tenant representation.