Storage One Horizon

720 SANDY RIDGE AVE., Henderson, NV 89052

Storage One at 720 Sandy Ridge Ave, Henderson, NV, is an institutional-grade self-storage facility in a thriving Las Vegas MSA submarket. Built in 2021, this 754-unit, 70,050 NRSF facility offers a modern, energy-efficient design with a mix of single-story and underground units.

Storage One is positioned in a high-growth market, with over 299,000 residents within a five-mile radius and a median household income of approximately $85,000. The area has a limited self-storage supply, with only 5.66 square feet per capita, creating strong demand for storage solutions.

The facility is performing well, with 73% physical occupancy by unit, 80% occupancy by area, and 70% economic occupancy. Current gross potential rent stands at $1.43 million, with additional opportunities for rental growth. The property generates a net operating income (NOI) of $635,000, which is projected to exceed $1.1 million.

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Highlights

  • Institutional trophy asset in a core market with phenomenal demographic and growth drivers.
  • Over 300,000 population located in a 5-mile radius with $85,000 median household incomes.
  • Achieved ~$18 rents with further room to push via ECRIs and rent growth.
  • Favorable self storage supply with only 5.66 sq ft per capita in the trade area.
  • Energy efficient build with single story and two stories underground.
  • 73% Physical Occupancy (Units) | 80% Occupancy (Area) | 70% Economic Occupancy

Contacts

broker
Barry Moore

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable

  • Transit Score ®

    34/100 Some Transit

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Henderson, NV
  • Neighborhood MacDonald Ranch
  • Zip Code 89052
  • Market Las Vegas

Points of Interest

  • D Gates

    5.89 miles

  • D Gates - Blue Line

    5.89 miles

  • D Gates - Red Line

    5.94 miles

  • C Gates

    6.07 miles

  • Terminal 3

    6.17 miles

  • Rideshare pickup for T3 (valet level)

    6.30 miles

  • Terminal 1

    6.33 miles

  • Rideshare staging for LAS

    6.41 miles

  • Rideshare pickup for T1 (level 2M)

    6.46 miles

  • Mandalay Bay

    7.55 miles

  • ChargePoint

    0.87 miles

  • Tesla Supercharger

    1.52 miles

  • Chevron

    1.59 miles

  • Mobil

    1.64 miles

  • Smith's Fuel Center

    1.96 miles

  • Sam's Club

    2.04 miles

  • Speedway

    2.19 miles

  • Shell

    2.22 miles

  • Costco Gasoline

    2.33 miles

  • Arco

    2.77 miles

  • Anthem/McCullough Trailhead Parking Lot

    1.60 miles

  • Anthem East Trail and Field 1 Parking

    1.61 miles

  • Shadow Canyon Trailhead Parking Lot

    4.06 miles

  • M Resort Self Parking

    4.53 miles

  • Whitney Mesa Parking

    4.82 miles

  • Observation Lot

    5.19 miles

  • Harry Reid Airport Remote Lot

    5.34 miles

  • Harry Reid Airport Rental Car Facility

    5.40 miles

  • Union Pacific Railroad Trailhead Parking Lot

    5.59 miles

  • McCullough Hills Trailhead Parking Lot

    5.76 miles

  • Homewood Suites by Hilton Henderson South Las Vegas

    0.30 miles

  • Aloft Henderson

    0.83 miles

  • Best Western Plus Las Vegas South Henderson

    1.20 miles

  • Green Valley Ranch

    1.43 miles

  • Hampton Inn & Suites Las Vegas South

    1.47 miles

  • Residence Inn Las Vegas South/Henderson

    1.53 miles

  • SpringHill Suites

    3.26 miles

  • TownePlace Suites

    3.31 miles

  • Grandview at Las Vegas

    4.28 miles

  • Emerald Suites

    4.45 miles

  • anna’s breakfast

    0.14 miles

  • munch box

    0.27 miles

  • Lindo Michoacan

    0.33 miles

  • Egg Works

    0.47 miles

  • RibCage

    0.48 miles

  • Osaka Japanese Restaurant

    0.54 miles

  • Bell's BBQ

    0.56 miles

  • VegeNation

    0.69 miles

  • I Love Sushi

    0.72 miles

  • McDonald's

    0.77 miles

  • Kiddie Academy

    0.55 miles

  • Glen C Taylor Elementary School

    0.61 miles

  • Coronado High School

    0.79 miles

  • Coral Academy of Science

    0.79 miles

  • Hillcrest Academy

    0.98 miles

  • Frank Lamping Elementary School

    1.07 miles

  • Henderson International School

    1.11 miles

  • Warren Walker Upper School

    1.19 miles

  • Elise L Wolff Elementary School

    1.42 miles

  • Del E Webb Middle School

    1.67 miles

  • DJ's Christian Preschool/Daycare

    2.87 miles

  • Childtime

    3.09 miles

  • La Petite Academy

    3.35 miles

  • Sekuritie Child Care LLC

    3.56 miles

  • Milestone Academy

    4.66 miles

  • KinderCare

    6.09 miles

Frequently Asked Questions

How much does Storage One Horizon cost?

The sale price for Storage One Horizon is available upon request. Contact the listing broker for more information.

What is the total square footage of Storage One Horizon?

Storage One Horizon totals 69,250 square feet.

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Contact Listing Broker
broker
Barry Moore

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