StoreEase
Self Storage

769 Co Rd 1435, Cullman, AL 35058 | $4,800,000

StoreEase Cullman, a Class A facility, opened in October 2023, offers 303 units, including 256 climate-controlled (CC) units and 47 non-climate-controlled (NCC) units, totaling 40,400 NRSF. The property features 50 covered parking spaces and 70 uncovered spots, benefiting from the rapid growth of the North Ridge community with new single-family homes across the street. With a strong lease-up velocity of 3.7% monthly, the facility is strategically located along I-65, halfway between Birmingham and Huntsville. Cullman, with a population of 20,000, continues to experience robust growth. Since 2018 there have been 2,504 units planned and 1,187 units completed or permitted & over 200 single family homes built directly across the street at the North Ridge Development. The city boasts modern infrastructure, a business-friendly environment, affordable new housing, and an average household income of $104,000 within a 3-mile radius and $90,000 within a 5-mile radius of StoreEase Cullman.

The growth in Cullman is fueled by multiple thriving sectors, with four industrial parks home to major operations such as a 1.2M SF Walmart Distribution Center, Topre American Corporation, Rehau’s Mercedes Supplier manufacturing plant, and General Dynamics. In addition, the Cullman Regional Medical Center, located just down the road from StoreEase, serves as a key regional hub, providing vital healthcare services to six surrounding counties. It plays a key role in supporting local growth, with an adjacent medical park offering a range of specialized services.

Known for its vibrant community, Cullman hosts several annual festivals, including the ChristKindl Market, Oktoberfest, and the Strawberry Festival, which keeps Cullman’s downtown vibrant & the hotel market strong.

INVESTMENT
HIGHLIGHTS

  • Class A facility opened in October 2023
  • Strong lease-up velocity of 3.7% monthly
  • The facility offers 303 units, including 256 climate-controlled (CC) units and 47 non-climate-controlled (NCC) units, with a total of 40,400 NRSF.
  • Features 50 covered parking spaces and 70 uncovered parking spots.
  • Strategically located along I-65, halfway between Birmingham and Huntsville.
  • Cullman offers modern infrastructure, a business-friendly environment, newly constructed affordable housing, and a strong average household income of $104,000 in the 3-mile radius and $90,000 in the 5-mile radius.
  • Cullman has an annual growth rate of 2.48%
  • Located minutes away from Downtown Cullman & The Warehouse District.

Broker of record: BRIAN BROCKMAN | Bang Realty-Alabama Inc | bor@bangrealty.com | License: 119315

862.591.7070 | Meir@Grandstoneis.com

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