Self-Storage CAM Reconciliation Guide for Landlords
Typical CAM pools, billing errors, gross-up mechanics, and BOMA standards for self-storage properties.
Benchmark CAM per SF
$2.00 – $5.00 / SF
Source: Self Storage Association / IREM 2024
Gross-Up Applicability
Not applicable in the traditional sense — self-storage facilities use gross leases where operating costs are embedded in the rental rate. There is no separate CAM reconciliation for individual storage tenants.
Typical CAM Pools
- Security (cameras, gate systems)
- Insurance
- Property taxes
- Parking/driveway maintenance
- Lighting
- Landscaping (minimal)
- Management fees
- Pest control
Standard Exclusions
- Climate-control unit-specific costs
- Capital improvements
- Marketing/advertising
- Bad debt
Common Lease Structures
Common Billing Errors
- Not applicable — self-storage tenants do not receive CAM reconciliation statements
- For ground-leased self-storage sites, errors arise in the property tax pass-through to the ground tenant
Relevant BOMA Standards
- No specific BOMA self-storage standard — measured by net rentable SF of individual units
Self-Storage CAM Context
Self-storage is included for completeness. Traditional CAM reconciliation does not apply because tenants pay an all-inclusive rental rate. However, for self-storage facilities on ground leases or within mixed-use developments, CAM allocation at the campus level does apply.
Related Resources
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