{"id":5003,"date":"2023-11-16T09:08:10","date_gmt":"2023-11-16T09:08:10","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=5003"},"modified":"2023-12-18T11:47:47","modified_gmt":"2023-12-18T11:47:47","slug":"self-storage-market-of-the-month-desoto-tx","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/self-storage-market-of-the-month-desoto-tx\/","title":{"rendered":"Self Storage Market of the Month: DeSoto, TX"},"content":{"rendered":"

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StorTrack\u2019s<\/span><\/a> featured market this month is DeSoto, TX. DeSoto is a suburb of the Dallas-Fort Worth metro area. In 2006, the National Civic League presented DeSoto with the All-America City Award. DeSoto has a thriving economic sector in the medical and aviation fields and over 400 acres of land ready for development.<\/span><\/span><\/span><\/p>\n

How is DeSoto as a self-storage market and is it a good place to consider investing in? We\u2019ve used StorTrack\u2019s Explorer<\/span><\/a> platform to look at some metrics to analyze its potential as a self-storage investment.<\/span><\/span><\/span><\/p>\n<\/div>\n<\/header>\n

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Self Storage Market Metrics for DeSoto, TX<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/div>\n

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Current Supply<\/span>:<\/b><\/p>\n

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There is a 7.53 square feet per capita supply in this market. For comparison, Texas’s square feet per capita is 10.99. Out of the seven self-storage stores currently operating in DeSoto, two are REITs, four are mid-size operators and one is a small operator. There are no new planned development projects in this market, though there are 209 active projects across the state.<\/span><\/span><\/span><\/p>\n

Rate Trends<\/span>:<\/b><\/span><\/span><\/span><\/p>\n

Rates in DeSoto have trended upwards in the last 12 months. The average rate per sq ft for standard, non-climate-controlled units is currently $1.45 and $2 for climate-controlled units.<\/span><\/span><\/span><\/p>\n

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View the Market Report for DeSoto, TX<\/b><\/span><\/span><\/span><\/span><\/span>
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Is this a good market for you to invest in? To understand DeSoto’s potential as a self storage market, view this complimentary report, giving you useful market statistics and metrics. Additional metrics available with report purchase<\/em>.<\/span><\/span><\/span><\/p>\n<\/div>\n

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Explorer is StorTrack\u2019s market analysis platform for self-storage operators, investors and developers.<\/span><\/p>\n

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Explorer is available for the evaluation of any primary, secondary and tertiary market in the US, Canada and the UK<\/strong><\/em>.<\/span><\/span><\/span><\/p>\n

To purchase a full market report for this or any other market, go to explorer.stortrack.com<\/span>.<\/a><\/span><\/span><\/span><\/p>\n

Sign up <\/span><\/span>for<\/span><\/span><\/span> free<\/span><\/span><\/span><\/a><\/span> to start evaluating self-storage markets.<\/span><\/span><\/span><\/p>\n

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StorTrack\u2019s featured market this month is DeSoto, TX. DeSoto is a suburb of the Dallas-Fort Worth metro area. In 2006, the National Civic League presented DeSoto with the All-America City Award. DeSoto has a thriving economic sector in the medical and aviation fields and over 400 acres of land ready for development. How is DeSoto as a self-storage market and is it a good place to consider investing in? We\u2019ve used StorTrack\u2019s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.   Self Storage…<\/p>\n","protected":false},"author":13,"featured_media":5004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5003"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=5003"}],"version-history":[{"count":3,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5003\/revisions"}],"predecessor-version":[{"id":5009,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5003\/revisions\/5009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/5004"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=5003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=5003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=5003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}