Benefits
Boomerang's automated self storage system leapfrogs anything ever done in self storage by providing a superior consumer experience and a facility that is extremely efficient to operate. The net effect is that no other self storage facility can yield as high of a Net Operating Income per rentable square foot.
This coupled with the quick construction time, tax write off advantages and limited impact on F.A.R. makes Boomerang the most exciting innovation within Self Storage in recent or distant memory.
Consumer Benefits - Boomerang Storage Centers are the Safest, Most Secure, and Most Convenient Self Storage Centers in The World! As multi story climate control buildings in convenient locations become the norm, developers are looking for the next great "thing" to get an edge on the competition and lure upscale tenants who will pay premium rental rates. The benefits to the tenant with this automated self storage system are numerous and include:
- Convenient Drive Up Loading
Operators of conventional multi story centers must rely on their managers as good salespeople to convince the tenant that making trips to the fourth floor is not a big deal. Conversely Boomerang operators can rent every single unit as drive up accessible and can market the facility as such to attract tenants willing to pay a significant premium for such convenience.
- Impenetrable Security
Many would be upscale tenants with expensive property will avoid self storage altogether for fear that their possessions would only be a bolt cutter away from being lost. Conversely Boomerang operators can market their facility as being equipped with state of the art system that allows access to locker units only with entry of the proper security code, scanned card or thumb print.
- Safe and Attractive Common Area
Boomerang storage centers require a very small common loading area with a few loading bays on the ground floor. Developers can make this small area very aesthetically pleasing and depending on the site, this common area can be adjacent to other retail space.
- Climate Control
Boomerang storage centers come standard with insulation and of course offer the convenience of drive up access to all units.
- Location, Location, Location
As the self storage market becomes more competitive it will become increasingly important for developers to be able to bring the self storage facility to the consumer by targeting mixed use applications. The high end appeal of Boomerang centers coupled with the reduction in parking and loading areas can open many doors with townships that have historically looked down on self storage projects.
Developer Benefits - If land values in your market warrant multi story construction then consider that Boomerang Storage Centers will yield the highest rent and the lowest operating costs.
- Higher Rent & Faster Lease Up
Never turn away another tenant seeking ground floor access. By offering the world's most convenient, most secure and safest facilities developers will command higher rents and lease up faster. Click here for more information on tenant benefits.
- Efficient Land Utilization
To offer drive up access to 100 storage units, a developer would need to dedicate roughly 25,000 square feet to blacktop alone. Conversely a 100 unit Boomerang storage facility requires only 3 loading bays on a footprint of only 1,200 square feet.
- Build Faster & Avoid Local Labor
Boomerang centers are can be erected on site on a turnkey basis in less than one month. Because the entire building is pre-engineered and prefabricated, developers can avoid unexpected delays and costs often associated with local labor and suppliers.
- Cost Effective
Many developers assume that Boomerang centers must be more expensive to build on a rentable square basis, but compared to conventional multi story construction, Boomerang centers are no more expensive to build per rentable square foot. Consider that Boomerang centers have no elevators that carry people, no stairwells or fire escapes and are entirely prefabricated on a factory line.
- No Occupants Ever in Building
Because there are never any occupants inside a Boomerang storage center, one might argue that it is not a building at all. Zoning and planning boards are different everywhere you go, but the absence of occupants results in code and compliance advantages such as the elimination of the need for fire escapes.
- No Impact on F.A.R.(Floor Area Ratio)
Certain jurisdictions limit the amount of total building square footage in relation to the footprint of the parcel being developed. Boomerang storage centers have no floors between levels and therefore can be considered a single story warehouse with stackable containers this having no impact on F.A.R.
- Fully Automated - Reduce Labor
Whether the operator wished to reduce staff or have staff focus on sales and customer service, the operation of a Boomerang storage center requires very little labor since tenants can access the facility and individual lockers on a self service basis without assistance from an on site manager.
- No Hallways to Clean, Maintain, Secure or Monitor
How many operators would prefer that their managers spend time on marketing and customer service rather than changing light bulbs, sweeping floors and fixing dinged walls. Boomerang centers have no hallways to maintain and no large parking lots to plow when it snows. The common area of Boomerang centers a fraction of the size of a conventional facility.
- Accelerated Tax Write Off
A significant portion of the investment in the a Boomerang storage center can be classified as equipment and therefore written off on an accelerated schedule resulting in tremendous tax advantages for the developer.
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