Why are self storage facilities popping up all over?

because people are buying more and more shite and they don't have anywhere to put the shite

I don't know man but that's a good point. The things literally show up everywhere. I know one guy who owned a few around BR for decades. He put them in locations that he speculated would one day be business valuable with intent to sell later on. Some of these things now days are multi-story buildings though.

Because avg rent on a small unit is $100/mo. Multiply that by total number of units.

Those mattress stores need somewhere to store all that cash until they can launder it.

They're actually a great investment in areas with positive economic and population growth.

Its a way to earn passive income while sitting on investment land that you can sell at a premium years down the road.

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Why are self storage facilities popping up all over?

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Because I got to keep all the cool drawings I made in kindergarten that even my Moms wanted to throw away.

Living in Austin and Houston there are more and more condos and high rise apartments popping up than I could ever imagine. These are typically the types that need extra storage so maybe there's a correlation.

It pissed me off when the one on Millerville took over the rest of the strip mall after the flood. RIP Big Heads

It's the next big wave in the Baton Rouge market for sure. This follows other Baton Rouge traditions like building 50+ brick and mortar banks after 2010, making sure no one has to drive more than 1/2 mile to reach a Smoothie King, and having the highest per capita number of Persian rug galleries this side of the Mississippi.

I see 3 Cube Smart signs on the way to work and now a Storage Max sign just popped up (on land I wish would have turned into a brew pub - so not happy about that).