ABILENE, Texas, Oct. 5, 2026 /PRNewswire/ -- Self Storage Realty Advisors LLC (SSRA), in cooperation with United Properties Group, LLC, is pleased to announce the offering of Spare Feet Self Storage, a newly constructed, Class A self-storage facility located at 18 Windmill Circle, Abilene, Texas 79606. Offers are due Oct. 14, 2026.
Spare Feet Self Storage is Abilene's premier Class A, institutional-quality self-storage facility, serving the city's most affluent and fastest-growing residential corridor. The immediate trade area boasts a median household income exceeding $110,000, and the surrounding population has grown nearly 10% over the past five years, with an additional 8% growth projected over the next five years.
Prime, High-Visibility Location Next to Sam's Club
The property offers immediate site advantages that are difficult to replicate:
- Directly adjacent to high-traffic wholesaler Sam's Club, ensuring consistent daily traffic and built-in consumer familiarity
- Eastern perimeter fronting U.S. Highway 83, a major artery carrying more than 36,000 vehicles per day, delivering constant drive-by awareness
- Positioned directly across from dense, high-end residential neighborhoods
- Surrounded by several large assisted living communities, a stable and storage-hungry demographic
Investment Highlights
- Achieved 94% occupancy before Phase III came online
- 148,240 net rentable square feet
- Opened for business in August 2020
- Newly constructed Phase III adds 43,350 net rentable square feet
- Rapid lease-up, with Phases I and II each reaching stabilization in about a year or less
- Climate-controlled rents of $1.43 per square foot and drive-up rents of $0.82 per square foot
- Population projected to grow another 8% over the next five years
Proven Lease-Up Track Record
Constructed in three phases, delivered in August 2020, October 2022 and May 2026, the asset has demonstrated accelerated lease-up following each delivery. Phase I reached stabilization in about nine months and Phase II in about 12 months. Prior to the completion of Phase III, the facility achieved 94% occupancy.
The new Phase III expansion comprises 27,925 square feet of climate-controlled space and 15,425 square feet of drive-up space. With the added inventory, overall occupancy currently stands at approximately 65%, giving a new owner meaningful lease-up upside in a submarket with demonstrated demand. Rental rates at Spare Feet consistently outperform nearby competitors, a testament to the property's premium build quality, security features and location.
Class A Construction and Institutional-Grade Amenities
- State-of-the-art security systems and coded gate access
- High-end lobby finishes and modern décor
- Full perimeter fencing
- A mix of climate-controlled, drive-up and parking unit types to capture multiple customer segments
About the Market
Abilene's surrounding trade area continues to show robust fundamentals. Within one mile of the property, average household income is $121,591, 54% of residents hold a bachelor's degree or higher, and a strong presence of U.S. Armed Forces households adds renter stability.
Spare Feet Self Storage represents a rare opportunity to acquire a top-tier, newly built, high-visibility storage asset in one of Abilene's most desirable and economically resilient submarkets.
Offering Process
Interested parties are invited to submit a Letter of Intent outlining purchase price, due diligence timeline, closing period and earnest money deposit by Oct. 14, 2026.
Broker contacts:
Eric Kaplan, Self Storage Realty Advisors, eric@ssrealtyadvisors.com, 818-307-9671
Tom Holman, United Properties Group, LLC, tom.holman@unitedpropertiesgroup.com
Texas law requires all license holders to provide the Information About Brokerage Services (IABS) form.
About Self Storage Realty Advisors: Self Storage Realty Advisors LLC (SSRA) is led by Eric Kaplan, who has been a national leader in the self-storage industry for more than 20 years, specializing in sourcing off-market opportunities, structuring complex transactions and maximizing value for his clients. For more information, visit www.ssrealtyadvisors.com.
About United Properties Group: UPG has been developing Self-Storage Assets for over 40 years and provides Design, Build, Brokerage, and Management Services. For more information, visit UPGSpaces.com.
This press release is for informational purposes only and does not constitute an offer to sell securities or real property. All information herein is derived from sources believed reliable but not independently verified. Prospective investors should conduct their own due diligence.
Media Contact Information:
Name: Eric Kaplan
Phone: 818-307-9671
Email: 423971@email4pr.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/opportunity-to-acquire-prime-class-a-self-storage-asset-in-abilene-texas-call-for-offers-due-oct-14-2026-302897230.html
SOURCE Self Storage Realty Advisors
