Los Angeles Los Angeles

The self-storage niche isn’t as prone to location as some other asset classes, thanks to new on-demand services. On-demand self-storage includes pick-up and drop-off services for tenants, allowing operators to occupy facilities outside of the city where pricing is cheaper. Locations aren’t merely miles outside of the city limits, but can be 45 minutes to an hour away. As a result, investors are beginning to look for locations in secondary markets where they can operate on-demand facilities at a fraction of the cost of properties in similar markets.