Based on an aggregation of property data from approximately 1,200 properties totaling 15 billion U.S. dollars, or 4.2 percent of the estimated total market capitalization.Â
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Value per NRA of self-storage units in the U.S. 2023, by investment class
The value per net rentable area (NRA) of self-storage properties in the U.S. ranged between **** U.S. dollars and U.S. dollars in the first half of 2023. Value per NRA measures the value of the property relative to the area that can be rented out to tenants, excluding hallways, maintenance rooms, and other common areas. The average value per NRA for class A self-storage units was U.S. dollars, whereas for class C units, this figure stood at **** U.S. dollars.
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Cushman & Wakefield. (August 28, 2023). Value per net rentable area (NRA) for self-storage real estate in the United States in 1st half 2023, by investment class (in U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 15, 2026, from /statistics/1472375/value-per-nra-self-storage-properties-usa/
Cushman & Wakefield. "Value per net rentable area (NRA) for self-storage real estate in the United States in 1st half 2023, by investment class (in U.S. dollars)." Chart. August 28, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 15, 2026. /statistics/1472375/value-per-nra-self-storage-properties-usa/
Cushman & Wakefield. (2023). Value per net rentable area (NRA) for self-storage real estate in the United States in 1st half 2023, by investment class (in U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 15, 2026. /statistics/1472375/value-per-nra-self-storage-properties-usa/
Cushman & Wakefield. "Value per Net Rentable Area (Nra) for Self-storage Real Estate in The United States in 1st Half 2023, by Investment Class (in U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 28 Aug 2023, /statistics/1472375/value-per-nra-self-storage-properties-usa/
Cushman & Wakefield, Value per net rentable area (NRA) for self-storage real estate in the United States in 1st half 2023, by investment class (in U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1472375/value-per-nra-self-storage-properties-usa/ (last visited July 15, 2026)
Value per net rentable area (NRA) for self-storage real estate in the United States in 1st half 2023, by investment class (in U.S. dollars) [Graph], Cushman & Wakefield, August 28, 2023. [Online]. Available: /statistics/1472375/value-per-nra-self-storage-properties-usa/
