Short answer: Mark treats storage as a retail business. Only about 10–12% of people need storage at any time, and most customers live within 3 to 5 miles, so he wants everyone in the trade area to see the facility. When they do need storage and search online, they already recognize it.[1]
What Mark has seen #
- “Drive-by” remains one of his top two or three sources of new leases. Tenants say things like “I see your facility every day when I pick up the kids.”[1]
- His slowest lease-up ever was a facility next to an expressway with no visibility from a main road; he couldn’t get the signage competitors had. It took well over a year longer than planned to stabilize, with the partners covering payments in the meantime.[1]
- Visibility also affects the value of each lease signed, something supply metrics like square foot per capita don’t capture.[2]
His coaching: choose properties with strong retail-style visibility in their trade area, and check signage rules carefully during due diligence.[1][3]
Related answers #
- What makes a good self-storage trade area?
- Is square foot per capita a reliable measure of self-storage demand?
- What are the most common mistakes when buying a first self-storage facility?
Sources #
Each numbered note above links to the post of Mark’s it comes from.
- Five Beginner Mistakes to Avoid When Buying a Self-Storage Facility, Mark Helm, September 5, 2025
- The Square Foot per Capita Myth, Mark Helm, April 3, 2026
- The Five Biggest Mistakes I’ve Made Over My 31 Years In The Self-Storage Industry, Mark Helm, June 5, 2026
