182 Unit Self Storage Facility in Prime Location
Downtown Phoenix

Third & Thomas Self Storage LLC is a long-established, family-owned self-storage facility located at 307 W Thomas Rd in the heart of Phoenix, Arizona. This two-story property offers a total of 16,500 square feet, with 13,392 square feet of rentable space across 182 units. The facility has consistently maintained an occupancy rate over 90% for many years and currently has 162 units leased as of April 2025. Located just minutes from downtown Phoenix, the facility is surrounded by a dense mix of medical offices, legal and accounting professionals, and the Wheeler District—a residential neighborhood made up of older homes often lacking adequate storage. As a result, the facility enjoys strong, stable demand from a diverse and loyal customer base, with the average tenant having occupied their unit for more than 4.4 years.The property features a mix of indoor temperature-controlled units and 12 outdoor shipping containers. Unit sizes range from as small as 10 square feet to as large as 420 square feet, offering flexibility for both residential and commercial clients. A freight elevator services the second floor to accommodate larger items, and the building has been well maintained, including the recent replacement of four of the facility’s six HVAC units. Gross rental income has demonstrated year-over-year growth from 2021 through 2023, peaking at over $212,000 in 2023. The facility generated a Net Operating Income of more than $135,000 in that same year.This is an exceptional opportunity for an investor seeking stable, predictable cash flow from a turn-key self-storage operation in a high-demand urban corridor. Additional property and financial details are available in the Information Brochure, which will be provided to qualified buyers upon execution of a Confidentiality Agreement.

Listing Number:

24176

Category:

Commercial Real Estate

Location:

Downtown Phoenix
$2,200,000

Financial Information:

Gross Revenue:

$203,191

Listed Price:

$2,200,000

Down Payment:

$0

Total Income:

$107,935

Year Established:

1995

Lease Information:

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

1

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

30 days

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Jason Dougher
Office: (623) 888-6190 | Cell: (623) 301-0155
License #: BR705700000

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

182 Unit Self Storage Facility in Prime Location
Downtown Phoenix

Listing Number:

24176

Category:

Commercial Real Estate

Location:

Downtown Phoenix

Listed Price:

$2,200,000
brokerPhoto
Jason Dougher
Office: (623) 888-6190 | Cell: (623) 301-0155
License #: BR705700000
Third & Thomas Self Storage LLC is a long-established, family-owned self-storage facility located at 307 W Thomas Rd in the heart of Phoenix, Arizona. This two-story property offers a total of 16,500 square feet, with 13,392 square feet of rentable space across 182 units. The facility has consistently maintained an occupancy rate over 90% for many years and currently has 162 units leased as of April 2025. Located just minutes from downtown Phoenix, the facility is surrounded by a dense mix of medical offices, legal and accounting professionals, and the Wheeler District—a residential neighborhood made up of older homes often lacking adequate storage. As a result, the facility enjoys strong, stable demand from a diverse and loyal customer base, with the average tenant having occupied their unit for more than 4.4 years.The property features a mix of indoor temperature-controlled units and 12 outdoor shipping containers. Unit sizes range from as small as 10 square feet to as large as 420 square feet, offering flexibility for both residential and commercial clients. A freight elevator services the second floor to accommodate larger items, and the building has been well maintained, including the recent replacement of four of the facility’s six HVAC units. Gross rental income has demonstrated year-over-year growth from 2021 through 2023, peaking at over $212,000 in 2023. The facility generated a Net Operating Income of more than $135,000 in that same year.This is an exceptional opportunity for an investor seeking stable, predictable cash flow from a turn-key self-storage operation in a high-demand urban corridor. Additional property and financial details are available in the Information Brochure, which will be provided to qualified buyers upon execution of a Confidentiality Agreement.

Financial Information

Gross Revenue:

$203,191

Listed Price:

$2,200,000

Down Payment:

$0

Total Income:

$107,935

Year Established:

1995

Lease Information

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

1

Special License Required:

N/A

Contract Staff:

0

Training Period:

30 days

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.