The self-storage market has grown significantly over the last decade. Each year since 2012, the market has grown by 8%, and the average self-storage operator has experienced a 41% profit margin.

"The self-storage market has never been more active, booming over the past decade," Dave Hettinger, senior national account manager at Motili, tells GlobeSt.com. "By the numbers, the self-storage industry has grown by almost 8 percent each year since 2012 and last year's annual revenue was valued at $39.5 billion, according to IBISWorld's Storage and Warehouse Leasing Industry report. 1 in 11 Americans uses self-storage and pays an average of over $90 per space to rent it."

Looking at the strong profit margin, self-storage as outperformed every other asset class. "The storage industry is expanding at rates unseen in other markets. There's no question that the self-storage industry opens a pathway to profits for investors, owners and operators. On average, storage operators enjoy an enviable 41% profit margin, compared to the 22% average profit margin across all industries," says Hettinger.