Reno-Sparks, Nev.
Copyright 2014 by Virgo Publishing.
By: Self-Storage Data Services Inc.
Posted on: 07/10/2006



 

The area along the eastern slopes of the Sierra Nevada Mountains in western Nevada is growing, according to metropolitan area statistics. Beyond being a gaming destination with world-class vacation and recreational amenities, the region is home to a thriving business community. Reno-Sparks offers a pro-business climate with tax benefits (no corporate, personal income, unitary, inventory or franchise taxes), reasonable property and sales taxes, and business-friendly regulations. Reno-Sparks’ strategic location and accessibility to the Western markets, availability of commercial, industrial and office space, role as a transportation hub, and business benefits attract commerce to the region.

Market Demographics

  2004 2009 Growth Rate
Total Population 384,239 433,545 12.8%
Total Households 148,610 166,332 11.9%
Average Household Income $66,478 $73,855 11.1%

Market Statistics

  Surveyed Identified/Projected
Total Facilities 31 76
Total Units 26,503 40,285
Net Rentable Area (SF) 2,912,447 5,030,590
Average Unit Size (SF) 125
Average Facility Size (Units) 726  
Average Facility Size (SF) 108,831  
Households Per Unit
(With 30% Commercial Tenants)
4.13  
Net Rentable Feet Per Capita 11.6  

Operating Statistics

Pasadena, Calif.-based Self Storage Data Systems Inc. publishes the ISS Flash Report, the Self- Storage Performance Index and other statistical data on self-storage operation. It also reports on supply-and-demand factors affecting the industry. For more information, call 626.304.2920; visit www.ssdata.net.