{"id":5143,"date":"2023-12-14T18:19:39","date_gmt":"2023-12-14T18:19:39","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=5143"},"modified":"2024-01-17T08:56:42","modified_gmt":"2024-01-17T08:56:42","slug":"self-storage-market-of-the-month-sunrise-fl","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/self-storage-market-of-the-month-sunrise-fl\/","title":{"rendered":"Self Storage Market of the Month: Sunrise, FL"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<header class=\"nlg-entry-header nlg-fimg-mask nlg-has-fimg\">\n<div class=\"nlg-inner\">\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><a href=\"https:\/\/www.stortrack.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">StorTrack\u2019s<\/span><\/a> featured market this month is Sunrise, FL. Sunrise is a vibrant city in Broward County. Several major corporations have chosen the city of Sunrise as the location for their corporate headquarters. This includes companies in the technology, finance, and healthcare industries.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">How is Sunrise as a self-storage market and is it a good place to consider investing in? We\u2019ve used <a href=\"https:\/\/www.stortrack.com\/products\/explorer.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">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<div class=\"nlg-entry-content\">\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><b>Self Storage Market Metrics for Sunrise, FL<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-5147 size-full\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2023\/12\/Market-of-the-Month-Market-Metrics_Sunrise-FL.png\" alt=\"\" width=\"600\" height=\"400\" \/><\/p>\n<p><b style=\"font-size: medium; font-family: Lato, 'Helvetica Neue', Arial, Helvetica, sans-serif; color: #222222;\"><span style=\"text-decoration: underline;\">Current Supply<\/span>:<\/b><\/p>\n<div class=\"nlg-entry-content\">\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">There is a 2.97 square feet per capita supply in this market. For comparison, Florida&#8217;s square feet per capita is 9.21. Out of the five self-storage stores currently operating in Sunrise, two are REITs and three are mid-size operators. There are no new planned development projects in this market, though there are 441 active projects across the state.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><b><span style=\"text-decoration: underline;\">Rate Trends<\/span>:<\/b><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Rates in Sunrise have trended downward in the last 12 months. The average rate per sq ft for standard, non-climate-controlled units is currently $1.68 and $2.01 for climate-controlled units.<\/span><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-size: large;\"><b>View the Market Report for Sunrise, FL<\/b><\/span><\/span><\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><br \/>\n<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Is this a good market for you to invest in? To understand Sunrise&#8217;s potential as a self storage market, view this complimentary report, giving you useful market statistics and metrics. <em>Additional metrics available with report purchase<\/em>.<\/span><\/span><\/span><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/4297816.fs1.hubspotusercontent-na1.net\/hubfs\/4297816\/Market%20of%20the%20Month%20Reports\/Market%20of%20the%20Month_Sunrise%2c%20FL.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"aligncenter wp-image-5146 size-full\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2023\/12\/View-Report_Sunrise-FL.png\" alt=\"\" width=\"600\" height=\"200\" \/><\/a><\/p>\n<p><span style=\"font-family: Lato, 'Helvetica Neue', Arial, Helvetica, sans-serif; color: #222222; font-size: medium;\">Explorer is StorTrack\u2019s market analysis platform for self-storage operators, investors and developers.<\/span><\/p>\n<div class=\"nlg-entry-content\">\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><em><strong>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<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">To purchase a full market report for this or any other market, go to <a href=\"https:\/\/www.stortrack.com\/products\/explorer.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">explorer.stortrack.com<\/span>.<\/a><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><a href=\"https:\/\/explorer.stortrack.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222; text-decoration: underline;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Sign up <\/span><\/span><span style=\"color: #222222; text-decoration: underline;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">for<\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"text-decoration: underline;\"> free<\/span><\/span><\/span><\/a><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"> to start evaluating self-storage markets.<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/explorer.stortrack.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"aligncenter wp-image-1224\" src=\"http:\/\/www.stortrack.com\/news\/wp-content\/uploads\/2022\/05\/explorer-logo_transparent.png\" alt=\"\" width=\"433\" height=\"144\" \/><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>StorTrack\u2019s featured market this month is Sunrise, FL. Sunrise is a vibrant city in Broward County. Several major corporations have chosen the city of Sunrise as the location for their corporate headquarters. This includes companies in the technology, finance, and healthcare industries. How is Sunrise 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. &nbsp; Self Storage Market Metrics for Sunrise, FL Current Supply: There is a&hellip;<\/p>\n","protected":false},"author":13,"featured_media":5144,"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\/5143"}],"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=5143"}],"version-history":[{"count":5,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5143\/revisions"}],"predecessor-version":[{"id":5248,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5143\/revisions\/5248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/5144"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=5143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=5143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=5143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}