Public Storage Las Vegas — Accumulated Depreciation increased by 11.3% to $79.84M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $71.76M to $79.84M. This increase may warrant attention — for this metric, lower values are generally preferred.
A high ratio of accumulated depreciation to gross cost may indicate an aging portfolio that requires future capital investment.
The total amount of depreciation expense recorded against the building assets in the Las Vegas market since their acquis...
Standard accounting metric used to assess the age and remaining useful life of real estate assets.
psa_segment_las_vegas_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $53.90M | $58.61M | $64.71M | $71.76M | $79.84M |
| QoQ Change | — | +8.7% | +10.4% | +10.9% | +11.3% |
| YoY Change | — | +8.7% | +10.4% | +10.9% | +11.3% |