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Executive Self Storage Associates, Inc. recommends and provides Feasibility Studies to all potential clients. Lenders are now requiring a sophisticated Feasibility Study for any property you plan on developing. This should be done by a reputable, experienced and industry recommended company. Executive Self Storage Associates, Inc. is that Company.

A Market Feasibility Study includes a wide scope of information prepared to aid the developer in the decision of whether or not the risk of building is acceptable in a proposed project. We refer to them as a "Market Feasibility Study" because each self-storage facility has its own distinctive market, and the study is geared towards determining how each facility will perform in the specific market it is intended for. While national trends, statistics, and demographics play a role in overall industry growth, it is imperative that the developer understand how a particular facility will perform in its intended market.

The study includes specifics of the project and developers concept, a study and analysis of the existing (and possible future) competition, an analysis of the demographics for the market area, traffic counts and their relationship to the property, market barriers, a 27 point evaluation that rates necessary criteria for a successful operation, a suggested unit mix, five year pro-forma and rent-up projection and a summary of the project.

As the industry grows, and in many markets become saturated, it is imperative that the Market Feasibility Study provide the developer with as much information as possible to aid in the decision of risk vs. reward of the proposed site.

For info on a professional Market Feasibility Study, please click here. We are certain you will be pleased with what we have to offer.