The mini storage industry has been a top growth sector for more than 35 years. 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. This upsurge in net income is also driving cap rates upward annually, which is enticing real estate investment trusts to search for mini-storage businesses for sale throughout the country.
Price Your Building OnlineWorking with General Steel is a collaborative process that ensures that your final product reflects your specific needs. The process starts with a two-way conversation between you and our experienced team. We want to know exactly how you’ll be using your mini-storage buildings, how they fit within your property, and your ideas for interior and exterior design, among other factors. We then research the location of the facilities to ensure that your self-storage buildings are equipped to withstand the wind and snow loads of your area as well as any insulation requirements.
Once we get an idea of what building kit best suits your project, we work with you to add customization options, including a wide variety of doors, windows, and exterior color schemes. The ease of steel construction allows us to modify layouts and add further customizations without breaking your budget. From design to construction, we provide the materials and expertise to transform a building kit into a thriving mini-storage business.
General Steel provides I-beam structures produced with the highest-grade steel. These structures are more reliable than light gauge structures that are produced with low-quality aluminum. I-beam framing requires minimal maintenance due to its consistency and reliability, saving time and money for mini-storage business owners. Instead of tending to repairs and daily monitoring of the facilities, you can focus on improving and growing your business.
Another key advantage in choosing a steel building over more traditional building materials is the speed of construction. When you receive your building kit from General Steel, it is ready to be erected. With simple bolt-together construction, you can quickly get your business up and running. The more efficient timeline of steel construction over traditional materials will also save up to 50% on time and material costs.
There are three factors that affect the price of your building. The first is design, which includes all of the custom features that you choose. The second is the price of steel, which can fluctuate daily based on the market. The third is economies of scale, which affects the price per square foot.
Depending on building size, unit sizes, and occupancy rates, mini storage businesses have proved to be successful investments for entrepreneurs around the country. As downsizing continues, we expect the industry to continue its consistent growth.
Steel structures are easier to expand than traditional building materials, and quick construction timelines mean you can capitalize on increased demand if needed.
No matter where you are in the process of building, General Steel has a solution for you. From our simple 3 step building quote to our growing library of project resources, General Steel is the company you've been looking for.