Secure Storage Tremonton

Property Title

976 West 600 N
Tremonton, Utah, 84337

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investment highlights

  • 119 units, 100% occupied with waiting list
  • Upside through increasing rents on in place tenants
  • Great access and visibility in a growing area
  • Low expense ratio, No capital improvements required
  • 100% occupancy achieved with no advertising
  • Few existing competitors

property summary

The LeClaire Group of Marcus & Millichap is proud to present Secure Storage, located in Tremonton, in Box Elder County, 0.8 miles from the I-15. Adjacent to the Box Elder County Fairgrounds.

The facility consists of one hundred nineteen units. Units range in size from 5×14 to 19×38, with the majority of the units being 10×10, 12×15, and 10×20.

Built in 2002, the property features a fully fenced, electronic gate allowing users extended access. The driveways are paved and each unit has drive-up access, steel sloped roofs, roll-up doors, and concrete floors.

The facility is visible from the I-15 and two minutes from the off-ramp. Located adjacent to the Box Elder County Fairgrounds, one of the main attractions to Tremonton.

Currently, the facility operates at 100% occupancy and there are a number of legacy tenants at below market rates. This presents an opportunity for a new owner to raise rents on all existing clients, and increase returns.

Broker Information

Jordan Farrer

Associate

Phone: 801.736.2600
Email: jfarrer@marcusmillichap.com
License: UT 9220604-SA00

Adam Schlosser

First Vice President

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

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