Abilene Self Storage Asset Offered for Acquisition
Abilene self-storage asset Spare Feet Self Storage is offered for acquisition, with offers due by 14 October 2026.
Self Storage Realty Advisors LLC, working with United Properties Group, LLC, has brought Spare Feet Self Storage in Abilene, Texas, to market. The Class A facility at 18 Windmill Circle comprises 148,240 net rentable square feet. Offers are due by 14 October 2026. The property achieved 94% occupancy before its latest expansion came online and now offers lease-up potential following the addition of Phase III.
Three Phase Development
Spare Feet Self Storage opened for business in August 2020 and was constructed across three phases delivered in August 2020, October 2022 and May 2026. Phase I reached stabilisation in about nine months, while Phase II reached stabilisation in about 12 months.
The newest phase adds 43,350 net rentable square feet, including 27,925 square feet of climate-controlled space and 15,425 square feet of drive-up space. Overall occupancy is approximately 65% following the expansion.
High Visibility Location
The facility sits adjacent to Sam’s Club, with its eastern perimeter fronting U.S. Highway 83, which carries more than 36,000 vehicles per day. It is also positioned across from high-end residential neighbourhoods and near several assisted living communities.
Within one mile of the property, average household income is $121,591 and 54% of residents hold a bachelor’s degree or higher. The surrounding population has grown nearly 10% over the past five years, with a further 8% growth projected over the next five years.
Spare Feet Self Storage Class A self-storage facility located at 18 Windmill Circle, Abilene, Texas 79606.
Amenities And Offering Process
The facility includes climate-controlled, drive-up and parking units, alongside coded gate access, security systems, perimeter fencing, a high-end lobby and modern décor. Climate-controlled rents are $1.43 per square foot, while drive-up rents are $0.82 per square foot.
Interested parties are invited to submit a letter of intent detailing purchase price, due diligence timeline, closing period and earnest money deposit by 14 October 2026.
