Just Sold Sure Lock Mini Storage

The sale of Sure Lock Mini Storage was recently recorded in Maricopa County, Arizona.  The property was built in 1985 and consisted of 645 units in approximately 76,200 square feet.  The location of the property is 8780 W. Bell Rd., in Peoria, Arizona.  The property sold to a limited liability company controlled by Business Property Trust of Portland, Oregon.   The seller was New River Development Company LLP from Wichita, Kansas.  The sales price was $4,300,000, which equates to $56.50 per square foot.  The building was 70% occupied at closing.

Bill Alter handled the transaction on behalf of both parties.  Bill specializes in storage facility sales and this represents his 129th 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.

Share This