Self Storage Unit Construction Costs

The mini storage industry has been a top growth sector for more than 35 years.

Self storage unit construction costs.

The cost of construction will also depend on the unit s amenities such as if the unit is climate controlled. Special 3 45x168x16 single slope rv storage. 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. The average price of a single story steel storage building is between 25 and 40 per square foot.

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. Costs for single story self storage construction typically ranges between 25 40 per square foot not including land or site improvement costs. Factors like space cost security and tenant access become especially important when you consider how your self storage facility will be utilized. On the surface the self storage business and what it will cost to build storage units looks so simple.

12 14x45 units with 12x14 roll up doors roof design is single slope with 16 eave height 115 mph wind speed exposure c 20 psf live load 30 lb roof snow load 43 lb ground snow load 26 ga galvalume roof panels 26 ga painted wall panels 29 ga galvalume partition panels. A steel building measuring 20 x 80 x 8 5 that holds 16 units measuring 10 x 10 costs around 26 000 on average. 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. Mini storage outlet s top of the line buildings are priced as much as 40 percent below comparable products resulting in a great return on your investment and tremendous savings that reduce your payback period by several years.

Most people however tend to overlook the important the important aspects such as drawing a budget for the whole building process. Nds construction has been testing and refining this process for decades separating us from the pack. Considerations of the cost for a self storage facility are very vital. Other businesses have product ordering inventory count storage spoilage issues obsolescence staffing scheduling product liability issues equipment supply consumables etc.

The average price of a multi story steel storage building is between 42 and 70 per square foot.