In the dynamic construction environment, businesses are faced with many challenges. We are seeing inflation, rising material costs, or shifting market demands. Developers seek innovative solutions to adapt and thrive in these demanding conditions. In Colliers Knowledge Leader, they recommend a shift towards build-to-suit projects. One solution is the strategic advantage offered by relocatable self-storage units.
For those in the self-storage business, property is getting harder to find. And each property is a unique opportunity. Storage businesses are either starting from scratch, converting, or expanding an existing site. And the construction landscape is complex. Relocatable self-storage units offer a strategic advantage. Facilities can add units without the need for extensive construction. Place these units on uneven surfaces or odd-shaped lots. They can also fit in areas with easements, setbacks, powerlines, or fence lines.
The Versatility of Relocatable Units
Relocatable units provide a flexible and efficient alternative to traditional construction. Place them anywhere without the need for extensive groundwork or preparation. This gives developers a swift and cost-effective solution. Boxwell’s relocatable self-storage units are movable, mobile, and drive-up. They are custom-made, flexible, secure, durable, and easy to install. Taking a moment to survey your facility might reveal hidden revenue potential.
Optimizing Unused Space
A standout feature of relocatable units is their ability to optimize unused space. This includes use in commercial and industrial properties as well as residential areas. These units are placed to transform vacant or underutilized lots into valuable assets. This aligns with sustainable and cost-effective construction practices. There are minimal site preparation requirements and no need for foundations. Furthermore, relocatable units often cost less per square foot than permanent self-storage options. And they do not need the approvals and permits associated with permanent structures.
Tax Benefits and Incentives
The financial benefits of using relocatable units are substantial. Owners and operators can capitalize on tax advantages, credits, and incentives. Relocatable units are classified as equipment instead of permanent structures. This distinction streamlines the permitting and zoning processes. And it makes relocatable units eligible for a 100% deduction after one year in many cases. By opting for an equipment lease through a bank, developers can bypass the complexities of traditional construction loans. This means a faster and more cost-effective avenue for revenue generation.
Sustainability of Relocatable Units
The strategic deployment of relocatable self-storage is also an approach to sustainability. There is a global push for environmentally conscious practices. And the adaptability of these units aligns with sustainable construction principles. Traditional construction may require significant alterations to the natural landscape. Relocatable units cut the environmental impact. They eliminate the need for extensive groundwork and permanent foundations. Plus, the movable nature of relocatable units facilitates a more efficient use of resources.
Starting a self-storage facility from the ground up can be expensive and time-consuming. Relocatable storage units emerge as a tool for our challenging construction environment. They can also pave the way for a more sustainable future. As facility owners and operators navigate economic uncertainties, we can embrace the versatility of relocatable units. They turn unused spaces into valuable assets. And they provide a resilient approach to construction challenges in 2024 and beyond.
Boxwell is a leading global provider of portable and relocatable self-storage solutions designed to cater to the diverse needs of businesses worldwide. Our extensive reach encompasses storage facilities across various regions, spanning America, Australia, Canada, Europe, Ireland, Germany, the Middle East, the United Kingdom, and beyond. What sets Boxwell apart is our commitment to delivering fully customizable, exceptionally durable, and effortlessly movable storage solutions that meet the unique demands of every client. So, you can focus on running your operation!
Order your portable storage containers and enjoy peace of mind for the peak season ahead. Make sure your storage solutions can withstand the test of time and provide reliable service to your clients. Work with a Boxwell representative to decide your ideal unit mix, custom colors, door conﬁgurations and more. Your Boxwell storage units will be shipped flat packed and assembled fast with just a few dozen nuts, bolts, and basic tools. You will be ready to rent them in no time! Check out boxwell.co or call (303) 317-5850 for more information.