THINGS TO LOVE ABOUT SELF STORAGE
March 8th, 2018
The Self-Storage Industry may not sound glamorous to you, but there are lots of things to love about it. Sure, you can pack up extra stuff and store it away to make more room for more stuff at home. And, yes, it is awesome that you can get that boat out of your front yard before your wife kicks you out of the house and makes you sleep in it. But, the Self-Storage Industry is much, much more than that… here are some of the reasons why:
Believe it or not, the Self-Storage Industry is important to the U.S. economy. It has been estimated that that self-storage generates more than 24 BILLION dollars in annual revenues. That is quite of bit of scratch no matter how you slice it. And, you can bet Uncle Sam gets his fair share of that in tax revenue.
In the world of Real Estate, the Self-Storage Industry is heralded as one of the fastest-growing sectors of the commercial real estate industry over the last 38 years. Tellus Self Storage has been dedicated to expanding our facilities in the South-eastern United States to include amenities such as fully enclosed boat and RV/camper storage. These units are extra-large to accommodate anything from commercial and industrial equipment to retail inventory storage and, of course, boats and RVs. Some of our units include metered electricity.
It has been estimated that there is now 2.3 billion square feet of rentable space in the Self-Storage Industry. Almost 9 percent of all American households rent a self-storage unit. That 10.8 million households of the 113 million households in the United States (as of 2012.) That’s a lot of boxes, folks!
Here are a few bullet points about the type of people who are renting self-storage units:
- 68% live in a single-family home.
- 27% live in an apartment or condo.
- 65% of renters have a garage, but still find the value of renting a unit.
- 47% have an attic.
- 33% have a basement.
So, you thought the Self-Storage Industry was boring? No way! There’s a lot more to the picture, so here’s a picture… check out this excellent infographic that covers many more facts and figures about the Self-Storage Industry.
If you need some extra storage for your home or business, give our Reservation Advisers a call. They’re available 7 days a week and are standing by to help assess your individual self-storage needs.
You can also find infographics at Visualistan