March 31, 2026
Self Storage Market Summary Sample Report
Las Vegas is one of the largest self storage markets in the country, with over 300 properties/22 million square feet. Strong demand and above-average rent growth in 2023 drove a surge in development, with completions averaging around 5% of inventory in 2023–2024, one of highest shares nationally, and pushing the share of supply in lease-up to 13.6% versus 8.5% nationally.
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