(2026-02-10 22:22:00) — Extra Space Storage Inc. operates over 4,000 self-storage facilities across the United States, according to company data.
Extra Space Storage Inc., a major player in the self-storage industry, owns and operates a substantial real estate portfolio consisting of 4,011 properties in the U.S.
- Extra Space Storage Inc. specializes in owning and operating self-storage facilities.
- The company’s net sales are primarily driven by rental income, accounting for 86.1% of its revenue.
- As of the end of 2024, Extra Space Storage Inc.’s portfolio includes 4,011 properties in the United States.
- The total lettable area across all properties is 28,651,297 square meters.
Extra Space Storage Inc. focuses on the ownership and operation of self-storage facilities, the company said. The majority of its revenue, 86.1%, comes from the rental of storage spaces. Additional revenue streams, representing 13.9% of net sales, include tenant insurance and the development and management of storage facilities.
Scale of Operations
As of the end of 2024, Extra Space Storage Inc.’s real estate portfolio consisted of 4,011 properties located throughout the United States, according to the company. These properties collectively offer a total lettable area of 28,651,297 square meters.
Why It Matters
The scale of Extra Space Storage Inc.’s operations highlights the continued demand for self-storage solutions in the U.S. The company’s extensive network of facilities suggests a significant role in meeting the storage needs of both individuals and businesses. The breakdown of revenue sources—with rental income dominating—indicates a stable business model reliant on consistent occupancy rates. This data provides insight into the broader self-storage market and its contribution to the commercial real estate sector.
Time.news based this report on information provided by Extra Space Storage Inc.
