SOJO Self-Storage – South Jordan, Utah (Salt Lake City MSA)

Property Location

10901 S Jordan Gateway
South Jordan, UT 84095

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investment highlights

  • 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.

Broker Information

Jordan Farrer

Senior Associate

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

Adam Schlosser

Senior Vice President

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-SA 00

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Contact The LeClaire-Schlosser Group