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StoreEase – Huntsville, AL

Self Storage
StoreEase – Huntsville, AL

Deal Highlights

• Opportunity To Lease Up a Brand New Remotely Managed Class-A Facility in the Desirable Growth Market of Huntsville, AL

• StoreEase Experienced Rapid Lease-Up from 35% end of 2022 to Current 65%+ Physical Occupancy with Extremely Strong Economic Occupancy 

• Ability to Meet Current Market Rents of $1.20 Per Foot for Climate Control and $0.80 Per Foot for Drive Up 

• Expansion Opportunity of 52,000 GSF on Parcel Can Increase GPR by $421,200 per year   

• Phenomenal Location Near Downtown in a Dense Growth Market of 110,000 people in Five-Mile Radius • High Average HH Income of $92,228 vs Median Income of $55,913 Indicates High End Tenant Demand 

• Consolidated Heavy REIT Presence Indicates Future Rent Growth Potential 

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