Services: Self-Storage Market Feasibility, Cash Flow Projections and Valuation
Locations: Storage Star Fort Collins, Colorado, Dallas, Texas, Northern Salt Lake City, Utah, and San Fransisco Bay Area, California
THK Associates was hired by Follett USA to determine the market and financial feasibility of six different self-storage facilities within four states. Each self-storage feasibility study identified the current market supply and demand for self-storage along with projected household growth over the next decade. This demand for self-storage eventually created the foundation for absorption potential and financial feasibility. Valuation at stabilization was then completed upon the analyses.