Krum Storage & More

Property Location

1541 E McCart St A
Krum, TX 76249

investment highlights

  • 98% Occupied – Stabilized Cashflow
  • High Traffic Count of 10,600+
  • Three Housing Developments Approved in the Last Two Years
  • Population Expected to Grow by 10.26% within the Next Five Years
  • Average Household Income at $84,657 | Exceeds the National Average of $59,039

property summary

Krum Storage & More is a 25,030 rentable square foot storage facility with 4,640 square foot of retail storefront resting on the main thoroughfare in Krum, Texas. Built in 2010 and expanded in 2014, Krum Storage & More has 163 non-climate controlled units with a history of 95 percent occupancy over the last few years. The facility features a manager’s office, a personalized gated entry with 24-hour video surveillance, drive-up access, garage style roll-up doors, perimeter wrought iron fencing, and convenience lighting throughout.

The city of Krum has approved three housing developments in the past two years: Hopkins Meadows by Impression Homes, Fowler Farm by D.R. Horton, and Brisa Meadows by Brisa Properties. Krum Storage & More is nestled right in the center of this growth. The retail aspect of this property, The Shops of Krum, have all four units full, with one-to-three year leases. The retail offices consist of a beauty salon, nail salon, a counseling office, and a small boutique shop.

Krum has seen an impressive population growth over the last few years and Krum Storage & More has been a staple in the community. With a solid history of cashflow, an above average household incomes, and with an under supplied submarket, Krum Storage & More and the Shops of Krum will be a solid asset for any new investor.

Broker Information

Brett Jackson

Investment Associate

Phone: 303.328.2077
Email: brett.jackson@marcusmillichap.com
License: CO FA100083873

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Tim Speck

Broker of Record

Phone: 972.755.5200
Email: tim.speck@marcusmillichap.com
License: TX 9002994

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