Self Storage Facility
The following traits are characteristic of what we define as a self-storage facility.
A self-storage facility must be:
Open to the public (private and commercial): a self-storage facility cannot be exclusive to residents.
On-site accessibility: customers must have access to their unit during business hours.
Personal Lockers: customer must have access to personal lockers, and cannot "warehouse" items.
The facility must accept storage of all legal and safe items.
Facility does not solely specialize in "item specific" storage. For example, auto, RV, boat, wine, etc.
Storage is sold as stand-alone product, not bundled. For example, storage that is a part of an apartment rental contract is not considered self-storage.
A storage facility must be located within one of the 574 PSAs in United States and 114 CMAs in Canada, including their sub-categories (see statistical areas glossary).
A storage facility must be greater than 5,000 net rentable sqft..
Common storage businesses excluded from our Self-Storage definition:
Commercial only facilities
Document warehouses. For example, facilities that store documents, legal files, paper products, shredding, etc.
Valet service with warehouse storage
Storage lockers within residential buildings (only available to residents)
Boat, RV, and Auto storage