Costs for single story self storage construction typically ranges between 25 40 per square foot not including land or site improvement costs.
Storage units construction costs.
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.
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.
Other businesses have product ordering inventory count storage spoilage issues obsolescence staffing scheduling product liability issues equipment supply consumables etc.
The mini storage industry has been a top growth sector for more than 35 years.
On the surface the self storage business and what it will cost to build storage units looks so simple.
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 cost of construction will also depend on the unit s amenities such as if the unit is climate controlled.
The average price of a single story steel storage building is between 25 and 40 per square foot.
A steel building measuring 20 x 80 x 8 5 that holds 16 units measuring 10 x 10 costs around 26 000 on average.
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