StorTrack’s featured market this month is Kettering, OH. Kettering is one of the largest suburbs of Dayton. The city boasts a diverse local economy, supported by industries like healthcare, education, and manufacturing, with major employers including Kettering Health Network and Reynolds & Reynolds.
How is Kettering as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.
Self Storage Market Metrics for Kettering, OH
(Within 10-Minute Drive Time)
Current Supply:
- There is a supply of 6.48 square feet per capita in this market. For comparison, Ohio’s square feet per capita is 6.83
- Kettering is home to 11 self-storage facilities, including one REIT, three large operators, three mid-size operators, and four single or small operators
- There are no new planned development projects in this market, though there are 86 active projects across the state
Rate Trends:
- Rates in Kettering have trended upward in the last 12 months. The average rate per sq ft for a standard unit is $1.45 and climate-controlled units are currently $2.02.
View the Report for Kettering, OH
Is this a good market for you to invest in? To understand Kettering’s potential as a self-storage market, view this complimentary report, giving you useful market statistics and metrics.
Additional metrics available with report purchase.
Explorer is StorTrack’s market analysis platform for self-storage operators, investors and developers.
Explorer is available for the evaluation of any primary, secondary and tertiary market in the US, Canada, UK and Europe.
To purchase a full market report for this or any other market, please visit www.StoTrack.com/products/explorer
Sign up for free to start evaluating self-storage markets.
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