{"id":5596,"date":"2024-02-22T14:23:59","date_gmt":"2024-02-22T14:23:59","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=5596"},"modified":"2024-03-20T13:05:08","modified_gmt":"2024-03-20T13:05:08","slug":"self-storage-market-of-the-month-butler-pa","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/self-storage-market-of-the-month-butler-pa\/","title":{"rendered":"Self Storage Market of the Month: Butler, PA"},"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 Butler, PA. Butler\u00a0is part of the Greater Pittsburgh area in western Pennsylvania. It is\u00a0home to one of the largest state parks in the state, making it an ideal place for outdoor fun. Located only 35 miles from Pittsburgh, Butler truly provides residents with metropolitan living and small-town convenience.<\/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 Butler 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 Butler, PA<br \/>\n(<\/b><\/span><\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><b>10-Mile Radius<\/b><\/span><\/span><\/span><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>)<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<p><img loading=\"lazy\" class=\"size-full wp-image-5599 aligncenter\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2024\/02\/Market-of-the-Month-Market-Metrics_Butler-PA.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> (At a 10-Mile Radius):<\/b><\/p>\n<div class=\"nlg-entry-content\">\n<ul>\n<li><span style=\"color: #222222;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">There is a 4.77 square feet per capita supply in this market. For comparison, Pennsylvania&#8217;s square feet per capita is 5.9.<\/span><\/span><\/span><\/span><\/li>\n<li><span style=\"color: #222222;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Out of the 25 self-storage stores currently operating in Butler, three are mid-size operators and 22 are small-size operators.<\/span><\/span><\/span><\/span><\/li>\n<li><span style=\"color: #222222;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">There is one new planned development project in this market, though there are 148 active projects across the state.<\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/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=\"color: #222222;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Rates in Butler have trended upward in the last 12 months. The average rate per sq ft for standard, non-climate-controlled units is currently $0.84 and $1.43 for climate-controlled units.<\/span><\/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 Butler, PA<\/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 Butler&#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><a href=\"https:\/\/4297816.fs1.hubspotusercontent-na1.net\/hubfs\/4297816\/Market%20of%20the%20Month%20Reports\/Market%20of%20the%20Month%20-%20Butler%20PA.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-5598 aligncenter\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2024\/02\/View-Report_Butler-PA.png\" alt=\"\" width=\"600\" height=\"200\" \/><\/a><\/p>\n<p>&nbsp;<\/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 Butler, PA. Butler\u00a0is part of the Greater Pittsburgh area in western Pennsylvania. It is\u00a0home to one of the largest state parks in the state, making it an ideal place for outdoor fun. Located only 35 miles from Pittsburgh, Butler truly provides residents with metropolitan living and small-town convenience. How is Butler 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;&hellip;<\/p>\n","protected":false},"author":13,"featured_media":5597,"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\/5596"}],"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=5596"}],"version-history":[{"count":6,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5596\/revisions"}],"predecessor-version":[{"id":5680,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/5596\/revisions\/5680"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/5597"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=5596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=5596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=5596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}