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December 18, 2025
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Closed Sales

The Gorden Group is proud to announce the successful sale of Surprise Mini Storage, a high-performing self-storage facility located at 15701 North Reems Road in Surprise, Arizona. The transaction closed on November 25, 2025, with Jeff Gorden of The Gorden Group—an affiliate of ARGUS Self Storage Advisors—representing the seller.

Constructed in 2002, Surprise Mini Storage consists of 110,325 rentable square feet across 814 units and was operating at 88% occupancy at the time of sale. The property sits on 6.14 acres and offers covered, air-conditioned storage designed to serve a broad tenant base, including residential, recreational, and business users. Additional features such as an onsite manager’s apartment and leased cell towers provided recurring ancillary income, contributing to the asset’s strong financial profile and appeal to investors.

Marketed as a value-add opportunity, the facility offered clear paths for future growth through the implementation of professional third-party management, a rental-optimized website, and the addition of a tenant insurance program. Combined with strong population growth and limited new supply in the surrounding submarket, these characteristics positioned Surprise Mini Storage as a highly attractive investment within Arizona’s West Valley.

“The Gorden Group helped us from start to finish in selling our small business. They were professional and courteous, communicated in a timely fashion, and helped us better understand the complexities of selling a long-standing family business. Recommend 100%.”
Seller

Transaction Highlights

  • Long-Term Upside: High occupancy, recurring ancillary income, and clearly defined operational improvements attracted strong investor interest.
  • Broad Buyer Competition: Multiple qualified offers were received from national self-storage operators and local investors, confirming market depth and demand.
  • Efficient Execution: The transaction closed through a smooth 60-day escrow, supported by disciplined preparation and proactive communication.
  • Successful Outcome for Legacy Ownership: The seller achieved full market exposure and pricing reflective of both current performance and future upside.

The competitive marketing process reinforced continued buyer demand for well-located, income-producing self-storage assets in high-growth secondary markets. By clearly articulating the asset’s strengths and upside potential, The Gorden Group delivered an outcome aligned with the seller’s long-term objectives while engaging a deep pool of motivated buyers.

“This transaction highlights what’s possible when a strong asset is paired with a clear value story and the right buyer audience,” - Jeff Gorden, Principal at The Gorden Group. “Our focus is always on creating confidence—for both sellers and buyers—through thoughtful positioning, transparency, and execution. We’re proud to have delivered a successful outcome for our clients.”