Industrial Outdoor Storage Deals - July 23, 2026

ACQUISITION: Armada Capital Partners acquired a 27,500 SF industrial service center at 4614 Thibault Road in Little Rock, AR. The property sits on 6.98 acres and features an expansive paved yard with multiple service bays.

ACQUISITION: Open Industrial and NPG acquired a 2.2-acre industrial outdoor storage property at 10905 Hemlock Avenue in Fontana, CA. The site includes approximately 10,100 SF of warehouse space, a paved and fenced yard, by-right outdoor storage zoning, and direct access to I-10 and I-15. The property is available for lease, with the Open Industrial team and Benji Miller of NPG involved in the transaction.

ACQUISITION: WREN Capital, LLC acquired an industrial outdoor storage property at 234 E. Mohave Street in Phoenix, AZ for $8.5 million. The property totals 31,141 SF on 3.88 acres, equating to approximately $272 per SF. Ken McQueen, Chris McClurg, Jack Sims, and Blake Peters of Lee & Associates were involved in the transaction, with John Stroud representing the buyer.

ACQUISITION: The Medina Electric Building at 22510 Highway 55 in Medina, MN sold for $3.2 million. The industrial outdoor storage property includes a 33,500 SF industrial building on 10 acres. Hoyt Properties represented the seller in the transaction.

LEASED: A national tenant signed a lease for 705 Beacon Lake Drive in Raleigh, NC, an industrial outdoor storage property totaling approximately 22,190 SF on 3.36 acres. The IX-3-zoned site features a fenced and secured gravel yard, lighting, and security cameras. William Hatcher, Wells Herndon, and William Wood of Simpson Commercial Real Estate represented the landlord in the transaction.

FOR LEASE: 200 Nichols Dr in Hutchins, TX offers 3.45 acres of IOS-zoned outdoor storage with a 3,600 SF warehouse, approximately 350 SF of office space, two restrooms, multiple grade-level doors, and a fenced, secured yard. Located just five minutes from the UP intermodal facility, the site sits outside Hutchins city limits under Dallas County jurisdiction, where IOS uses are permitted. The current tenant is vacating in approximately 45 days, with ownership planning significant improvements to the warehouse, office, yard, and fencing, with renovations expected to be completed by September 1; asking rent is $5,500 per acre per month NNN. Reach out to Will Bywaters for more info.

FOR SALE OR LEASE: ±7,242 SF industrial building on ±2.12 acres, priced for sale at $1,500,000 or available for lease at $10,000 NNN per month. The property is zoned light industrial and includes ±1,500 SF of office, three 10’ x 12’ drive-in doors, 18.5’ clear height, and approximately 1.0 acre of usable yard, making it well-suited for contractors, fleet operators, and service users. Please reach out to Matt Sirockman with Wilson Hull & Neal for more information.

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