Simply Self Storage
Interested in selling your Simply Self Storage NNN property or Simply Self Storage ground lease property and wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Simply Self Storage NNN property for sale or Simply Self Storage ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the clarity needed to make informed decisions regarding the sale of your Simply Self Storage NNN property or the inclusion of a Simply Self Storage ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Simply Self Storage properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
As of 2024, Simply Self Storage operates over 200 self-storage facilities across more than 20 U.S. states. The brand has a strong presence in major metropolitan and suburban markets throughout the United States.
Revenue and income
Simply Self Storage is a privately operated platform owned by Blackstone Real Estate and does not disclose standalone revenue or net income figures. As part of Blackstone’s global real estate portfolio, the brand benefits from significant institutional capital and operational scale within the self-storage sector.
Future plans
Simply Self Storage continues to focus on strategic expansion through acquisitions, property redevelopment, and operational optimization rather than rapid ground-up development. The company emphasizes technology-driven operations, including online rentals, contactless access, and revenue management systems to enhance customer experience and performance.
Corporate vs. franchise
Simply Self Storage follows a 100% corporate-owned model and does not offer franchises. All properties are institutionally owned and professionally managed, ensuring consistent operational standards across the portfolio.
Additional information – Simply Self Storage Properties
Simply Self Storage was founded in 2003 in Chicago, Illinois.
The brand specializes exclusively in self-storage facilities, serving residential and commercial customers.
Simply Self Storage is known for modernized facilities, climate-controlled units, and customer-focused digital services.
The company is privately held and operates under the ownership of Blackstone, one of the world’s largest alternative asset managers, with headquarters in Chicago, Illinois.
Simply Self Storage History
Simply Self Storage was founded in 2003 in Chicago, Illinois, with a focus on acquiring, developing, and operating high-quality self-storage facilities across the United States. From its inception, the company emphasized strategic site selection, professional management, and modern facility design to meet growing consumer and business storage needs.
Over the years, Simply Self Storage expanded rapidly through acquisitions and redevelopment, building a diversified national portfolio of self-storage properties. The brand became known for offering secure, climate-controlled units and customer-friendly services supported by technology-driven operations.
Today, Simply Self Storage operates as part of Blackstone Real Estate’s self-storage platform, continuing to grow its presence nationwide while leveraging institutional expertise to enhance operational efficiency and customer experience within the self-storage industry.
Why Invest in Ground Lease and NNN Lease of Simply Self Storage?
Investing in Simply Self Storage ground lease and triple net (NNN) lease properties offers several compelling benefits for real estate investors:
1) Simply Self Storage NNN Property Investment: Stable income
Self-storage is a recession-resistant asset class driven by life events and steady demand, providing consistent and predictable cash flow under ground lease and NNN structures.
2) Simply Self Storage NNN Property Investment: Established tenant
Simply Self Storage operates a large, professionally managed national portfolio backed by institutional ownership, reducing vacancy risk and supporting long-term lease stability.
3) Simply Self Storage NNN Property Investment: Low management responsibility
Under ground lease and NNN lease arrangements, the tenant is responsible for property taxes, insurance, maintenance, and operating expenses, minimizing landlord involvement.
4) Simply Self Storage NNN Property Investment: Favorable lease terms
Self-storage ground leases often feature long lease durations with scheduled rent escalations, offering reliable income growth and inflation protection.
5) Simply Self Storage NNN Property Investment: Real estate value
Simply Self Storage properties are typically located in high-density urban and suburban markets, supporting strong underlying land value and long-term capital appreciation.
Pros and Cons of Simply Self Storage Ground Lease and NNN Lease Investment
Pros:
Stable income is supported by the recession-resistant self-storage business model.
An established, institutionally backed tenant reduces vacancy and lease default risk.
Ground lease and NNN structures require minimal management responsibility for landlords.
Long-term lease agreements provide income stability and potential rent growth.
Cons:
Lease renewal risk exists at the end of the lease term.
Investment performance depends on Simply Self Storage’s operational execution and market conditions.
Market competition and local supply growth can impact storage facility performance.
Limited landlord control over property operations and future use.
Broader economic and real estate market risks may affect long-term investment returns.
Thorough due diligence—focusing on location quality, lease structure, tenant strength, and market fundamentals—is essential. Consulting experienced real estate and financial professionals can help align the investment with your goals and risk tolerance.