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Self-Storage Facility

SOJO Self-Storage

10901 S Jordan Gateway, South Jordan, UT 84095

Listing Price: Request For Offer

Number of Units
574
Occupancy
95.2%
Gross SF
114,000
Rentable SF
91,155
Year Built
2018

Investment Overview

CLASS A CONSTRUCTION // Built in 2018, the property features best in class construction and amenities. One of the only class A drive-up facilities in the trade area. STRONG OCCUPANCY // The property came online with a number of new stores, leased up extremely quickly, and is currently 96 percent physically occupied (May 2022). GREAT LOCATION // Located in the heart of the Salt Lake MSA. There are over 300,000 residents with average incomes over $120,000 in the trade area. The five-mile population is expected to grow 9.5 percent over the next five years. UPSIDE IN ECONOMIC OCCUPANCY // With strong occupancy, management has continued to increase and achieve higher street rates, creating a substantial gap between legacy tenants and current market rates.

Investment Highlights

  • Class A Contsrutction
  • Strong Occupancy
  • Great Location
  • Upside in Economic Occupancy

Exclusively Listed By

  • Jordan Farrer

    Senior Associate

    (801) 736-2643

    Email Jordan

    License(s): UT: 9220604-SA00, NV: S.0192979, ID: SP54637

    Salt Lake City

Self-Storage Facility

SOJO Self-Storage

Listing Price: Request For Offer

Number of Units
574
Occupancy
95.2%
Gross SF
114,000
Rentable SF
91,155
Year Built
2018

Investment Highlights

  • Class A Contsrutction
  • Strong Occupancy
  • Great Location
  • Upside in Economic Occupancy

Investment Overview

CLASS A CONSTRUCTION // Built in 2018, the property features best in class construction and amenities. One of the only class A drive-up facilities in the trade area. STRONG OCCUPANCY // The property came online with a number of new stores, leased up extremely quickly, and is currently 96 percent physically occupied (May 2022). GREAT LOCATION // Located in the heart of the Salt Lake MSA. There are over 300,000 residents with average incomes over $120,000 in the trade area. The five-mile population is expected to grow 9.5 percent over the next five years. UPSIDE IN ECONOMIC OCCUPANCY // With strong occupancy, management has continued to increase and achieve higher street rates, creating a substantial gap between legacy tenants and current market rates.

Exclusively Listed By

  • Jordan Farrer

    Senior Associate

    (801) 736-2643

    Email Jordan

    License(s): UT: 9220604-SA00, NV: S.0192979, ID: SP54637

    Salt Lake City

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