Grandstone Investment Sales is excited to introduce Posh Storage Solutions, an upscale facility located in Allentown, PA. Currently under the management of CubeSmart, this class A facility officially opened its doors in October 2023 and is experiencing a successful leasing phase. Positioned in a prime location, the facility capitalizes on robust demographics, boasting a population of over 197,000 within a 5-mile radius. The average household income surpasses the national average, standing at an impressive $129,000 annually. Additionally, the saturation metrics are favorable, with 5 net rentable square feet (NRSF) per capita in the 5-mile radius. With Allentown undergoing a significant growth surge, this facility is poised to thrive in the midst of this flourishing environment.
INVESTMENT
HIGHLIGHTS
• New Class A Self Storage Facility Located in Allentown, PA
• 850 Climate Controlled Units
• C/O Oct. 2023 and Currently in Lease Up
• High Traffic Count on Hamilton Blvd (US Hwy 222) – 29,438
• Strong Population
3 – Mile Radius 60,343 / 5 – Mile Radius 197,000
• Average Household Income $90K-$129K
• Over 3,000 Multifamily Units under Development within a 5 – Mile Radius
Broker of record: BRIAN BROCKMAN | Bang Realty-Pennsylvania Inc | bor@bangrealty.com | License: RM432816
