Opportunity to Acquire Prime Class A Self-Storage Facility in Abilene, Texas
News related to:Spare Feet Self Storage · 2 min read
ABILENE, Texas, Oct. 5, 2026 /CourierPR/ -- Self Storage Realty Advisors LLC (SSRA) and United Properties Group, LLC have announced the availability of Spare Feet Self Storage, a newly constructed, Class A self-storage facility located at 18 Windmill Circle, Abilene, Texas 79606. Offers for the acquisition are due on October 14, 2026.
Spare Feet Self Storage is positioned in Abilene's most affluent and fastest-growing residential corridor, serving a trade area with a median household income exceeding $110,000. The surrounding population has grown nearly 10% over the past five years, with an additional 8% projected growth over the next five years. The facility is situated next to Sam's Club, ensuring consistent daily traffic, and is located on the eastern perimeter of U.S. Highway 83, a major artery carrying more than 36,000 vehicles per day.
The property offers a prime location with direct access to high-end residential neighborhoods and several large assisted living communities, providing a stable and storage-hungry demographic. The facility, which opened for business in August 2020, has achieved 94% occupancy before Phase III came online. It comprises 148,240 net rentable square feet, with newly constructed Phase III adding 43,350 net rentable square feet. The climate-controlled rents are $1.43 per square foot, and drive-up rents are $0.82 per square foot.
Spare Feet Self Storage has demonstrated a rapid lease-up track record, with Phase I reaching stabilization in about nine months and Phase II in about 12 months. 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%, offering meaningful lease-up upside in a submarket with demonstrated demand.
The surrounding trade area continues to show strong fundamentals, with an average household income of $121,591 and 54% of residents holding a bachelor's degree or higher. A significant presence of U.S. Armed Forces households adds to the stability of the rental market. Spare Feet Self Storage is a Class A construction project, featuring state-of-the-art security systems, high-end lobby finishes, and full perimeter fencing. It offers a mix of climate-controlled, drive-up, and parking unit types to capture multiple customer segments.