Self Storage Performance Quarterly Q1 2018
Self Storage Performance Quarterly
Individual Facility Listings – Having 300 Units or More Current Number of Listings
195 (156 Having Complete Data)
Total Dollar Volume
$ 992.5 ± Million
Medians
Asking Price
$ 3.5 ± Million
Asking Price per Square Foot (NRA)
$ 69.23
Facility Size (NRA)
55,000 sq. ft.
Cap Rate based on Listing Price
6.6%
Portfolio Listings Current Number of Listings
44 (40 Having Complete Data)
Total Dollar Volume
$ 166.8 ± Million
Medians
Asking Price
$ 2.7 ± Million
Asking Price per Square Foot (NRA)
$ 50.53
Facility Size (NRA)
51,993 sq. ft.
Cap Rate based on Listing Price
NA
Cap Rate Parameters Type of Facility Less than 100 Units
#
Average
Median
Min
Max
NA
NA
NA
NA
NA
100 – 299 Units 300 Unit or More
15 70
7.7% 7.4% 5.0% 12.0% 6.6% 6.8% 4.4% 10.3%
Portfolios
NA
NA
NA
NA
NA
Physical Characteristics Type of Facility
Median People per Sq Mile
Median Number of Units
Median Number of Competitors
Less than 100 Units 100 – 299 Units 300 Unit or More
63
487
5 6 7
191 515 515
1,115 1,467 1,745
Portfolios 10 Note: The SSDS Transaction Database is a compilation of facilities listed for sale that were self-reported to SSDS by the listing brokers. Once a facility is sold, the listing is marked as “Sold” in the following SSPQ report. For information on the sale price and terms, please contact the listing broker. SSDS assumes no responsibility for the accuracy of the information supplied, and the reader is cautioned to exercise care when relying upon this data. Please note that the cap rates shown are what was reported to SSDS and appear to include both trailing and forward looking rates as well as implied rates for “unstablized” facilities. Every reasonable attempt has been made to ensure accuracy of the data provided by the brokers. SSDS is not liable for any errors or omissions. The data is presented for informational purposes only.
Source: Cushman & Wakefield, Inc. The Self Storage Performance Quarterly , a publication of Cushman & Wakefield, Inc., is intended solely for use by paid subscribers. Reproduction or distribution in whole or part without written permission is prohibited and subject to legal action. Copyright® 2018.
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