Self-Storage Facility
SOJO Self-Storage
10901 S Jordan Gateway, South Jordan, UT 84095
Listing Price: Request For Offer
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
Listing Price: Request For Offer
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
