Paca Storage 820 W Utah Ave 50,860 SF 100% Leased Industrial Building Payson, UT 84651 $8,500,000 ($167.13/SF)

We are pleased to present this rare investment opportunity, Paca Storage. The newly constructed self-storage facility is in Payson, Utah.
This state-of-the-art facility is built with high-quality cinderblock construction and offers a variety of unit sizes, ranging from 25 to 533 square feet, and climate-controlled options.
Paca Storage is strategically located near I-15, ensuring convenient access for customers throughout the area. Includes undeveloped land which provides opportunity for future growth.
High-Quality Construction: The facility’s robust cinder block construction ensures the long-term protection of stored items.
Climate-Controlled Units: A significant portion of the units offer climate control, catering to customers seeking optimal storage conditions for sensitive belongings.
Expansion Potential: The property’s expansive 9.72-acre size, with 7.72 acres classified as excess land, provides substantial room for future expansion to meet growing storage demands.
Significant Upside Potential: With a current occupancy rate of 42%, Paca Storage offers substantial upside potential through proactive management and leasing strategies to increase occupancy and maximize financial performance.