The thesis

A $200 billion industry hiding behind a fence.

Every contractor with a truck, a trailer, an excavator or a stack of pipe has to put it somewhere. Almost nobody is building the somewhere.

The demand is already there

Contractors, landscapers and trades are storing equipment on residential driveways and rented corners because nothing purpose-built exists near them.

The build is unglamorous

Gravel, fencing, gates, lighting, cameras. No lifts, no climate control, no interior fit-out to blow the budget.

The competition is not paying attention

Institutional money chases indoor self-storage. Outdoor yards get treated as leftover land, which is exactly why the entry prices still make sense.