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NAI’s Nunez Storage Group facilitates $4.35M sale of Queen Creek site for RV/boat, self-storage facility

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  • NAI’s Nunez Storage Group facilitates $4.35M sale of Queen Creek site for RV/boat, self-storage facility
News
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November 7, 2024
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Real Estate Daily News Service
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PHOENIX, ARIZONA (Nov. 7, 2024) – Denise Nunez, Executive Managing Director, and Andrew Agresta, Investment Sales Associate at NAI Horizon, represented the seller and secured the buyer in the $4.35 million sale of a permit-ready site located at 19208 S. 196th St., in Queen Creek, Arizona.

A local developer acquired the 9.73-acre site, which is ready to immediately construct an RV/boat and self-storage facility. The planned development will consist of 149,115 net rentable square feet (NRSF), including 595 units with a mix of self-storage and RV/boat parking options.

The facility will feature:

  • 71 drive-up units;
  • 214 climate-controlled units;
  • 49 fully enclosed RV parking spaces;
  • 206 covered RV parking spaces;
  • 55 open parking spaces.

“While many developers have delayed new projects, this site stands to benefit from strong demand for institutional-quality RV/boat and self-storage facilities, particularly in the growing community of Cortina, a master-planned development by Fulton Homes,” Nunez said.

The Nunez Storage Group, led by Denise Nunez, is the national team within NAI Global’s Self-Storage Advisory Group, specializing in the sale and acquisition of self-storage assets across the country.

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