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Self Storage Market of the Month: Westminster, CO

StorTrack’s featured market this month is Westminster, CO. The City of Westminster is a municipality located in Adams and Jefferson counties, Colorado. Westminster’s top employers represent leading companies in high-tech, medical, energy, and other expanding fields.

How is Westminster as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.

Self Storage Market Metrics for Westminster, CO


Current Supply

The square feet per capita in this market is 5.71. For comparison, Colorado’s square feet per capita is 9.83. Out of the eight self storage stores currently operating in Westminster, five are REIT and the other three are medium operators. There are currently no planned development projects in this market, though there are 53 active projects across the state.

Rate Trends

Rates in Westminster have trended up in the last 3 months, by 8.11%. The average rate per sq ft for standard, non-climate-controlled units is currently $1.81 and $2.11 for climate-controlled units.

View the Market Report for Westminster, CO

Is this a good market for you to invest in? To understand Westminster’s potential as a self-storage market, view this complimentary report, giving you useful market statistics and metrics. Additional metrics available with report purchase.


To purchase a full market report for this or any other market, go to Explorer is StorTrack’s market analysis platform for self-storage operators, investors and developers. Explorer is available for the evaluation of any primary, secondary and tertiary market in the US, Canada and the UK. Sign up for free to start evaluating self-storage markets.