With 10 of the american population renting storage for an average of 10 months vacancy levels are at historic lows resulting in higher rent and swelling net incomes for american mini storage operators.
Storage units construction costs.
The mini storage industry has been a top growth sector for more than 35 years.
Mako steel estimates the most high end self storage facilities have somewhere between 60 000 and 80 000 rentable square feet and costs 45 to 65 on construction per square foot.
Multi story self storage building costs have more variables and can range from 42 per square foot to as much as 70 per square foot.
Since 1983 our company has been a leading provider of top quality pre engineered steel storage buildings to consumers across the united states and canada.
The average price of a multi story steel storage building is between 42 and 70 per square foot.
Our easy to navigate website allows builders architects and do it yourselfers to seamlessly configure and price your building in a matter of minutes.
Most of which are not part of the self storage equation.
On the surface the self storage business and what it will cost to build storage units looks so simple.
Other businesses have product ordering inventory count storage spoilage issues obsolescence staffing scheduling product liability issues equipment supply consumables etc.
A steel building measuring 20 x 80 x 8 5 that holds 16 units measuring 10 x 10 costs around 26 000 on average.