Homeland Storage CofO in Heber City, Utah

investment highlights

CLASS A CONSTRUCTION // Homeland Storage represents a brand new, best in class facility. The property features drive-up, interior hallway, and elevator access climate and non-climate units
HIGH BARRIERS TO ENTRY // Heber City recently ended a moratorium on new self-storage developments. During this period, self-storage was reclassified as a conditional use within the C-2 zone, necessitating extensive design considerations and approvals.
AFFLUENT GROWTH AREA // The three-mile trade area is projected to grow 15.30 percent over the next five years. The three-mile average household income is $120,949.
STRONG MARKET RENTS // The market rate for climate controlled 10×10 units average $159/month, with the top of the market at $180/month. The average rent for all unit types is $1.36 per square foot.
RECREATIONAL AND VACATION MARKET // Heber City, located 20 minutes south of Park City, offers similar vacation home and recreational opportunities. Storage demand is largely driven by second or third homeowners.

property summary

Homeland Storage C of O is a 676-unit, 84,495 net rentable square foot self-storage facility located in Heber City, Utah. The property sits on around 3.28 acres of land and was initially constructed in 2025. Homeland Storage C of O contains three single-story buildings and one three-story building with 102 non-climate units, 551 climate-controlled units, and 23 parking spaces.

Homeland Storage C of O has many amenities including a gated entry with a digital keypad, a separate onsite management office in front of the entrance gate, 24/7 video surveillance throughout the facility, asphalt driveways, two elevators, and units with roll-up doors.

The facility is centrally located in Heber City with excellent visibility from S Industrial Parkway and W 1300 S, with over 20,000 passing vehicles per day. There are major drivers in the immediate area such as Walmart, Natural Grocers, Walgreens, Holiday Inn, AutoZone, Little Caesars, Petco, Chase Bank, Starbucks, UPS, and Heber Valley Airport to name a few.

Broker Information

Jordan Farrer

First Vice President

Phone: 801.736.2643
Email: jfarrer@marcusmillichap.com
License: UT 9220604-SA00

Adam Schlosser

Senior Managing Director

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Adam Lewis

Broker of Record

Phone: 303.328.2000
Email: adam.lewis@marcusmillichap.com
License: 6250302-PB00

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CONFIDENTIALITY AGREEMENT

THIS CONFIDENTIALITY AGREEMENT (“Agreement”) is made and agreed to by and between The LeClaire-Schlosser Group and Marcus & Millichap Real Estate Investment Services of Denver (“Broker”), exclusive listing broker for the Property, and “Buyer” regarding the property known as HOMELAND STORAGE - HEBER CITY. The obligations of confidentiality undertaken pursuant to this Agreement shall survive the terms of the Broker’s listing agreement with the Owners.

BUYER HAS REQUESTED information from Broker for the purpose of evaluating a possible acquisition of the Property. Much of the information to be provided is non-public, highly confidential and/or proprietary in nature (collectively “Information”) and is being disseminated only to those potential buyers who sign this agreement.

THE PARTIES AGREE, in consideration of the covenants and agreements contained herein, as follows:
1. Non-disclosure of Information: Buyer will not disclose, permit the disclosure of, release, disseminate or transfer any of the Information obtained from Broker or Owner to any other person or entity except as permitted herein. If Buyer is a corporation, partnership, limited liability company, investment trust, or other non-natural legal entity, the person(s) signing this Agreement on its behalf will take all appropriate precautions to limit the dissemination of the Information only to those persons within the entity who need to know the Information, and who are specifically aware of the Agreement and agree to be bound by it.
2. This Agreement applies to all Information about the Property received from Broker or Owner, now or in the future, which is not readily available to the general public. Buyer understands that all Information shall be deemed confidential, valuable and proprietary such that its unauthorized disclosure, even without intent to harm, could cause substantial and irreparable harm to Owner and Broker.
3. All Information shall be used for the sole purpose of evaluating the potential acquisition of the Property and shall not at any time or in any manner be used for any other purpose.
4. Buyer shall not contact directly any persons concerning the Property, other than Broker, without Broker’s or Owner’s written permission. Such persons include, without limitation, Owner’s employees, suppliers and tenants.
5. Buyer and Buyer’s Broker acknowledge there is no co-op fee being paid.
6. Neither Broker nor Owner make any representations or warranty, express or implied, as to the accuracy or completeness of any Information provided by them. Buyer assumes full and complete responsibility for confirmation and verification of all Information received and expressly waives all rights of recourse against Owner and Broker with respect to the same.
7. The persons signing on behalf of Buyer and Broker represent that they have the authority to bind the party for whom they sign.
8. This agreement shall be governed and construed in accordance with the laws of the State of Colorado.
9. Return of Documents: Upon review of Information provided, if Buyer no longer has an interest and does not wish to pursue negotiations leading to this acquisition, Buyer agrees to return in a timely fashion all Information provided in its original form to Charles D. LeClaire and/or Adam Schlosser, if requested. Photocopying or other duplication is strictly prohibited.
10. In the event any party breaches its obligations under this Agreement, the prevailing party (parties), in any lawsuit brought to enforce the provisions of this Agreement, shall be entitled to reasonable attorney’s fees and costs in addition to all other remedies available to it.
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Contact The LeClaire-Schlosser Group

Homeland Storage CofO in Heber City, Utah

Property Location

1350 & 1403 S Industrial Parkway
Heber City, UT 84032

investment highlights

property summary

Broker Information

Jordan Farrer

Adam Schlosser

Adam Lewis

CONFIDENTIALITY AGREEMENT

We're here for you. Let us know how we can help.

Homeland Storage CofO in Heber City, Utah

Property Location

1350 & 1403 S Industrial Parkway Heber City, UT 84032

investment highlights

property summary

Broker Information

Jordan Farrer

Adam Schlosser

Adam Lewis

Download Marketing Package

CONFIDENTIALITY AGREEMENT

We're here for you. Let us know how we can help.

1350 & 1403 S Industrial Parkway
Heber City, UT 84032