Effective gross revenue 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)
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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
Citation formats
Gross revenue per NRA of self-storage units in the U.S. 2023, by investment class
The effective gross revenue per net rentable area (NRA) of self-storage properties in the U.S. ranged between *** U.S. dollars and **** U.S. dollars in 2023. Effective gross revenue per NRA measures the total income generated by a property less vacancy or credit losses relative to the usable and rentable area of the property. In the first half of the year, class A properties generated on average **** U.S. dollars in gross effective revenue per NRA, while for class C properties, this figure stood at *** percent.
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Cushman & Wakefield. (August 28, 2023). Effective gross revenue 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 29, 2026, from /statistics/1472378/effective-gross-revenue-per-nra-self-storage-properties-usa/
Cushman & Wakefield. "Effective gross revenue 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 29, 2026. /statistics/1472378/effective-gross-revenue-per-nra-self-storage-properties-usa/
Cushman & Wakefield. (2023). Effective gross revenue 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 29, 2026. /statistics/1472378/effective-gross-revenue-per-nra-self-storage-properties-usa/
Cushman & Wakefield. "Effective Gross Revenue 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/1472378/effective-gross-revenue-per-nra-self-storage-properties-usa/
Cushman & Wakefield, Effective gross revenue 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/1472378/effective-gross-revenue-per-nra-self-storage-properties-usa/ (last visited July 29, 2026)
Effective gross revenue 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/1472378/effective-gross-revenue-per-nra-self-storage-properties-usa/
