The self-storage industry has seen incredible growth over the past decade, especially in rapidly expanding cities like Tucson, Arizona. With new developments appearing across the state, many investors wonder whether the self-storage market is reaching saturation or if there’s still room for substantial growth. The truth may surprise you.
Understanding the Arizona Self-Storage Boom
Arizona’s steady population growth continues to fuel the need for more storage space. In cities like Tucson, Phoenix, and Scottsdale, new residents are moving in faster than housing can keep up. As a result, demand for self-storage remains high among renters, homeowners, and businesses alike.
While the market has grown, that doesn’t mean it’s overbuilt. In fact, the key to success lies in identifying the right locations and understanding market cycles. Companies like Legacy Built specialize in spotting these opportunities, investing in markets with long-term potential and controlled competition.
What Causes the Perception of Saturation?
The idea that self-storage is oversaturated often comes from observing large numbers of new facilities being built in urban areas. However, not all self-storage investments are created equal. Some developers focus solely on construction volume, while others, like Legacy Built’s experienced team, take a more data-driven approach.
By analyzing factors like population growth, migration patterns, and economic development, Legacy Built identifies cities such as Tucson and neighboring areas like Marana and Oro Valley as ideal for continued expansion. The demand continues to rise as businesses, homeowners, and even seasonal residents seek flexible, climate-controlled storage options.
Why Tucson Remains a Prime Market for Investors
Tucson’s unique combination of affordability, growth, and geographic location make it a standout market for self-storage investing. The city’s expanding tech sector and nearby universities continue to attract new residents, while retirees and remote workers are choosing southern Arizona for its lower cost of living.
Even during economic downturns, storage demand typically holds steady. This is one of the reasons self-storage has been called recession-resistant. People downsize, relocate, or transition, but they still need a safe place for their belongings.
How Legacy Built Minimizes Risk and Maximizes Returns
What truly separates Legacy Built from other self-storage developers is their integrated approach. The company handles everything from planning and construction to operation and management under one roof. This allows them to control costs, streamline operations, and ultimately deliver higher returns to investors.
Their proven model has generated remarkable results, with many investors seeing 3X to 4X returns. That consistency comes from over 45 years of experience, careful market selection, and hands-on involvement in every phase of development.
The Future of Self-Storage in Arizona
So, is the market saturated? Not even close. While some overbuilt regions may experience short-term slowdowns, the overall demand in Arizona continues to climb. With cities like Tucson, Mesa, Chandler, and Gilbert expanding rapidly, there’s still plenty of room for smart, strategic investment.
Self-storage investing in Tucson remains one of the most stable and scalable opportunities for those looking to grow wealth in real estate. And as long as population growth continues, investors who choose experienced partners like Legacy Built will likely stay ahead of the curve.