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Former Hooters on Tanque Verde Being Converted to Cutting Edge Self Storage Facility

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  • Former Hooters on Tanque Verde Being Converted to Cutting Edge Self Storage Facility
News
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April 14, 2021
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Karen Schutte
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Tucson, Arizona – An experienced self-storage developer is planning a new state-of-the-art storage facility on the old Hooters site at Tanque Verde & Wilmot Roads just south of Costco in Tucson.

This will be constructed on one of the developer’s strategically located sites in the City located at 6335 E. Tanque Verde Road, adjacent to Mr. Carwash. The development will contain one multi-story class A building with a contemporary exterior design. It will be fully air-conditioned with approximately 100,000-square-feet net, containing about 1,200-units.

The developer’s design, architecture, and engineering teams are planning a 4-story self-storage facility with excellent visibility from Tanque Verde Road – called “TOWER STORAGE”. The Development Plan is currently in process for submittal to the City of Tucson, and construction is expected to begin in the fall of this year (2021).

We wrote about this unique developer back in February when it sold a similar storage site on Irvington for $3 million Developer Sells Ready to Build, permit in hand, Self Storage Site.

Abraham Slilaty is the manager for developer, working under various LLCs that have owned most of his land assets in Tucson for over 30 years. These sites have now become unique and strategically located within central areas of the City. Asset offerings are usually either CofO sales or Development Opportunity sales that include the land along with fully engineered and approved development plans including architectural construction documents, and third-party engineering reports, even underground soils & geotechnical studies. These properties are more than “shovel ready” they are literally being sold ready-to-build with permit in-hand.

Bill Alter of Rein & Grossoehme Commercial Real Estate represents the developer.

“This is the third project for the developer and the most exciting,” said Alter. “It’s going to be amazing, no doubt.”

Alter continued, “The developer continues to hold in its land asset portfolio several one-of-a-kind sites in the heart of Tucson with un-met demand for storage. Currently, two projects are underway in the design & entitlement stage being made available for sale as a CofO or Development Opportunity.”

For more information, contact Bill Alter directly at 602.315.0771 or at Bill@RGcre.com.

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