Four Point Framework to Decide on Covered Storage

All right, let me give you the design framework in a format you can use right now though. First, do you have documented demand for your covered storage? Are tenants asking for it? Is your open-air facility full while a competitor with covered spaces has a waiting list? If yes, you have a demand signal. Second, does your site have the land to add at least one row of covered structures with 50-foot drive aisle clearance maintained on both sides? Sketch it out. If the geometry doesn't work, discussion's over. And third, does your zoning allow permanent structures and what are the permit requirements? And fourth, run the payback model at the high end of your construction cost estimate, $15,000 per space, and the low end of your rent premium estimate, $120 per month. If the payback works at that conservative case, then it works. If it only pencils at the optimistic case, maybe revisit the demand signal. StorageMoguls.ai for covered storage ROI calculator. It's there. Sequencing framework. Operators have already done this addition and more are there. It's free to join. So join Storage Moguls, run the math, build what the demand supports. See you tomorrow.