Self storage · Sandy, Utah
Sandy City Self Storage - Sandy, Ut
Sandy City Self Storage - Sandy, Ut is financed with a $6.3M CMBS loan at 4.312% that reaches maturity on October 1, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,350,000
- Original balance (same notes)
- $6,350,000
- Interest rate
- 4.312% fixed
- Originated
- October 1, 2020
- Maturity
- October 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ended
- November 30, 2022
- Prepayment premium ends
- June 30, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 8802 South 700 East, Sandy, UT 84070
- Metro
- Salt Lake City-Murray, UT
- Rentable area
- 61,765 sq ft
- Units, rooms or beds
- 538
- Built
- 2018
- Value at securitization
- $10.2M (Sep 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.81x | 2.61x |
| Occupancy | 96% | 97% |
| Net operating income (annualized from 6 months) | $502K | $730K |
| Debt yield | 11.5% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2020-BNK29 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 45% above the underwritten figure ($730K a year against $502K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.81x at securitization to 2.61x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.3M | Current | No | 2.61x | 97% |
| August 2026 | $6.3M | Current | No | 2.61x | 97% |
| July 2026 | $6.3M | Current | No | 2.39x | 93% |
| June 2026 | $6.3M | Current | No | 2.39x | 93% |
| May 2026 | $6.3M | Current | No | 2.39x | 93% |
| April 2026 | $6.3M | Current | No | 2.39x | 93% |
| March 2026 | $6.3M | Current | No | 2.39x | 93% |
| February 2026 | $6.3M | Current | No | 2.39x | 93% |
| January 2026 | $6.3M | Current | No | 2.35x | 92% |
| December 2025 | $6.3M | Current | No | 2.35x | 92% |
| November 2025 | $6.3M | Current | No | 2.35x | 92% |
| October 2025 | $6.3M | Current | No | 2.38x | 91% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2020-BNK29 | 28 | $6,350,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Salt Lake City-Murray loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Mountain View Village | Riverton, UT | Retail | $38.7M | 3.377% | Dec 2030 | 6.12x | 100% | Current |
| Hilton Garden Inn Salt Lake City Airport | Salt Lake City, UT | Hotel | $21.6M | 3.69% | Mar 2030 | 2.50x | 82% | Current |
| Salt Flats Apartments | Salt Lake City, UT | Multifamily | $12.6M | 4.24% | Feb 2030 | n/a | n/a | Late, less than 30 days |
| Martin Door Industrial | South Salt Lake, UT | Industrial | $10.7M | 4.92% | Aug 2030 | 1.61x | 100% | Current |
| Oakwood Village | Murray, UT | Retail | $6.7M | 3.73% | Dec 2030 | 2.83x | 99% | Current |
| Central Salt Lake Multifamily Portfolio | Salt Lake City, UT | Multifamily | $5.6M | 6.44% | Jun 2030 | n/a | n/a | Current |
| Commons at Southtowne IV | Sandy, UT | Retail | $4.3M | 4.12% | Mar 2030 | 2.80x | 100% | Current |
| Corner Plaza | Millcreek, UT | Retail | $2.6M | 3.68% | Mar 2030 | 3.90x | 100% | Current |
All loans maturing in 2030 · All Salt Lake City-Murray loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.