How did we get this number?
To calculate your storage revenue, we multiply rent x tenant length of stay*:
storage revenue = rent × tenant length of stay.
*Average tenant length of stay is calculated at 11 months.
Wondering about this note at the top of your emails? It’s a highly accurate estimate of the dollar amount your account has collected in rent from all your SpareFoot-sourced tenants over their lifetime. This includes all facilities in your account for your entire history with SpareFoot.
To calculate your storage revenue, we multiply rent x tenant length of stay*:
storage revenue = rent × tenant length of stay.
*Average tenant length of stay is calculated at 11 months.