Self-storage is an easy choice when it comes to building a solid, lucrative business.
Self-Storage Management Simplified
There are 2.5 billion square feet of self-storage space in America, an area more than three times the size of Manhattan Island.
The average size of a primary self-storage facility is 56,900 square feet.
Storage With Broad Appeal
About one in 10 households currently rent a self-storage space.
There is 7.3 square feet of self-storage space for every man, woman, and child in the nation.
A Moneymaker Without the Headaches
Over 40% of commercial customers rent for more than two years.
The average customer visits their unit once a month.
Diverse Renter Demographics
68% of renters are homeowners.
Households with an income over $125,000 are the largest renter group, but self-storage usage is relatively even across income groups.
Self-Storage
Fun Facts
The number one reason people rent self-storage is a lack of space at their residence.
The most common way renters find a self-storage facility is by driving by.
The most commonly rented unit size is 10′ x 10′.
The most commonly stored item is indoor furniture.
The most common type of unit rented has an exterior entrance with drive-up parking.
Self-storage continues to be a robust and profitable investment, appealing to a wide range of customers and providing steady income with minimal hassle.
