Abilene, Texas, October 5th / PRNewswire / -- Self Storage Realty Advisors LLC ( SSRA ) in collaboration with United Properties Group and LLC, announces the launch of a sales opportunity for Spare Feet Self Storage. This project is a newly constructed Class A self-storage facility located at 18 Windmill Circle in Abilene, Texas, with the postal code 79606. The deadline for bids is October 14, 2026.

Spare Feet Self Storage is Abilene's premier Class A, institutional-level self-storage facility, serving the city's wealthiest and fastest-growing residential areas. The median household income in the direct trading area where the project is located exceeds $110,000, and the surrounding population has grown by nearly 10% in the past five years, with an expected growth of another 8% in the next five years.

Located in a highly visible position next to Club of Sam, with higher visibility.

• Located adjacent to the high-traffic wholesaler Sam's Club, ensuring stable daily traffic and natural consumer awareness.
• To the east, it borders U.S and Highway 83. This main road has an average daily traffic flow of over 36,000 vehicles, resulting in continuous exposure as vehicles pass by.
• Directly opposite a dense high-end residential community
• There are several large auxiliary living communities distributed in the surrounding area; this type of population is stable and has a high demand for storage facilities.

Investment Highlights

• Achieved a occupancy rate of 94% before the third phase of operation commenced.
• Leasable net area of 148,240 square feet
• Launched into operation in August 2020
• The newly added third phase offers an additional rentable net area of 43,350 square feet.
• The rental speed is relatively fast; both the first and second phases reached a stable state in about one year or less.
• The rent for a constant-temperature unit is $1.43 per square foot, and the rent for a parking space directly connected to the unit is $0.82 per square foot.
• It is expected that the population will grow by another 8% in the next five years.

Verified uphill riding records

The asset is constructed in three phases, with deliveries scheduled for August 2020, October 2022, and May 2026, respectively. After each delivery, there has been a noticeable acceleration in rental growth. The first phase reached stability in about 9 months, the second phase in about 12 months. By the time the third phase was completed, the facility had achieved a occupancy rate of 94%.

The new third-phase expansion includes 27,925 square feet of temperature-controlled space and 15,425 square feet of direct parking space. With the additional inventory, the current overall occupancy rate is about 65%, which provides significant potential for rent increases for new owners in a sub-market where demand has been proven to exist. The rental levels at Spare Feet continue to outperform those of nearby competitors, reflecting the property's high-quality construction, safety features, and advantageous location.

Class A buildings and institutional-level supporting facilities

• Advanced security systems and access control with password authentication
• Luxurious lobby decoration and modern furnishings
• Full perimeter fence
• The combination of constant temperature, direct access to parking spaces, and parking units is designed to cater to a variety of customer groups.

Market Situation

The fundamentals of the trading areas surrounding Abilene remain strong. Within one mile of the project, the average household income is $121,591, 54% of the residents hold a bachelor's degree or higher, and there is a relatively high proportion of families with members serving in the U.S. Armed Forces, which contributes to the stability of rentals.

Spare Feet Self Storage represents a rare opportunity to acquire a top-tier, newly built, and highly visible warehousing asset in one of Abilene's most attractive and economically resilient sub-markets.

Sale Process

Interested parties are requested to submit a letter of intent by October 14, 2026. The content should include the purchase price, due diligence schedule, delivery period, and the arrangement for the earnest money.

Broker Contact Person:

• Eric Kaplan, Self Storage Realty Advisors, [ email protected ], 818-307-9671
• Tom Holman, United Properties Group, LLC, [ email protected ]

Texas law requires all licensees to provide the "Brokerage Services Information" form ( IABS ).

Regarding 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 over 20 years. He specializes in identifying over-the-counter trading opportunities, designing complex trading structures, and maximizing value for clients. For more information, please visit www.ssrealtyadvisors.com.

About United Properties Group:UPG has over 40 years of experience in the development of self-service warehousing assets and provides design, construction, brokerage, and management services. For more information, please visit UPGSpaces.com.

This press release is for informational purposes only and does not constitute an offer to sell securities or real estate. The information contained herein is derived from sources that are considered reliable but have not been independently verified. Potential investors should conduct their own due diligence.

Media contact information:

Name: Eric Kaplan