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Self Storage Performance Quarterly
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 ® 2016
Cushman & Wakefield | Valuation & Advisory
42
Individual Facility Listings – Having 300 Units or More
Current Number of Listings
16 (14 Having Complete Data)
Total Dollar Volume
$ 63.9 ± Million
Medians
Asking Price
$ 3.4 ± Million
Asking Price per Square Foot (NRA)
$50.23
Facility Size (NRA)
69,763 sq. ft.
Cap Rate based on Listing Price
6.7%
Portfolio Listings
Current Number of Listings
22 (19 Having Complete Data)
Total Dollar Volume
$ 67.0 ± Million
Medians
Asking Price
$ 2.5 ± Million
Asking Price per Square Foot (NRA)
$39.63
Facility Size (NRA)
65,900 sq. ft.
Cap Rate based on Listing Price
7.0 %
Cap Rate Parameters
Type of Facility
#
Average
Median
Min
Max
Less than 100 Units
3
7.9% 7.9% 6.8% 9.0%
100 – 299 Units
15
7.5% 7.2% 5.8% 9.5%
300 Unit or More
3
6.7% 6.7% 5.1% 8.4%
Portfolios
3
7.0% 7.0%
6.7% 8.4%
Physical Characteristics
Type of Facility
Median Number
of Units
Median
People per Sq Mile
Median Number of
Competitors
Less than 100 Units
83
195
1
100 – 299 Units
181
613
5
300 Unit or More
501
1,110
6
Portfolios
538
492
4
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.