Lessors of Miniwarehouses and Self-Storage Units
Description
This industry comprises establishments primarily engaged in renting or leasing space for self-storage. These establishments provide secure space (i.e., rooms, compartments, lockers, containers, or outdoor space) where clients can store and retrieve their goods.
Hierarchy
| Code | Title | Description |
|---|---|---|
| 53 | Real Estate and Rental and Leasing 2-digit sector | The Sector as a Whole The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting, and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and from a production basis they are included here. In addition, a substantial proportion of property management is self-performed by lessors. The main components of this sector are the real estate lessors industries (including equity real estate investment trusts (REITs)); equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works). Excluded from this sector are establishments primarily engaged in renting or leasing equipment with operators. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment. Also excluded from this sector are mortgage REITs and establishments primarily engaged in managing the financial portfolio assets of REITs on a fee or commission basis. These establishments are classified in Sector 52, Finance and Insurance. |
| 531 | Real Estate 3-digit subsector | Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction. |
| 5311 | Lessors of Real Estate 4-digit industry group | This industry group comprises establishments primarily engaged in acting as lessors of (1) residential buildings and dwellings; (2) nonresidential buildings (except miniwarehouses); (3) miniwarehouses and self-storage units; and (4) other real estate property. This industry group includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. |
| 53113 | Lessors of Miniwarehouses and Self-Storage Units 5-digit NAICS industry | See industry description for 531130. |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units 6-digit U.S. detail | This industry comprises establishments primarily engaged in renting or leasing space for self-storage. These establishments provide secure space (i.e., rooms, compartments, lockers, containers, or outdoor space) where clients can store and retrieve their goods. |
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Classification References
- 01Operating public and contract warehousing and storage facilities (except self-storage)--are classified in Industry Group 4931, Warehousing and Storage; and
- 02Operating coin- or card-operated lockers--are classified in Industry 812990, All Other Personal Services.
Index Items
Equity real estate investment trusts (REITs), primarily leasing miniwarehouses and self-storage units
Lessors of miniwarehouses
Lessors of self-storage units
Miniwarehouse rental or leasing
Real estate rental or leasing of miniwarehouses and self-storage units
Self-storage unit rental or leasing
Self-storage warehousing
U-lock storage
Warehousing, self-storage
How Item Can Help
The Order Management System streamlines customer check-in processes and enables dynamic pricing strategies to maximize occupancy rates across multiple locations.
The Transportation Management System coordinates efficient trucking routes for bulk inventory delivery and maintenance logistics, reducing operational costs for multi-warehouse networks.
External Resources
Census.gov NAICS Detail
Official US Census Bureau definition and scope for NAICS 531130.
International Self-Storage Association
A primary trade association providing industry standards, news, and advocacy for self-storage facilities.
U.S. Bureau of Labor Statistics
Government data resource offering detailed definitions and statistics for all NAICS codes including 531130.
ProLander Industry Directory
A comprehensive directory of self-storage business owners and related companies across the United States.
