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Investors Eye Spare Feet Self Storage in Abilene Ahead of October Sale

Investors Eye Spare Feet Self Storage in Abilene Ahead of October Sale

With an October 14, 2026, deadline for offers, the Spare Feet Self Storage facility in Abilene, Texas, has hit the market. Represented by Self Storage Realty Advisors and United Properties Group, the Class A asset offers a high-visibility location and a proven track record of rapid stabilization in a growing residential corridor.

Located at 18 Windmill Circle, the property sits at the intersection of high-traffic transit and dense residential growth. The site fronts U.S. Highway 83, where more than 36,000 vehicles pass daily, and maintains close proximity to a high-volume Sam's Club. This positioning has helped the facility capture a demographic with a median household income exceeding $110,000, bolstered by the presence of nearby assisted living communities and military households.

The facility spans 148,240 net rentable square feet, developed across three phases starting in August 2020. Before the May 2026 delivery of Phase III, the site maintained a 94% occupancy rate. The latest expansion added 43,350 square feet of inventory, bringing current occupancy to approximately 65%. This provides a potential buyer with significant lease-up upside in a submarket where local rental rates consistently exceed those of nearby competitors.

Institutional-grade amenities include coded gate access, high-end lobby finishes, and a mix of climate-controlled and drive-up units. Interested parties must submit a Letter of Intent to Eric Kaplan at Self Storage Realty Advisors or Tom Holman at United Properties Group by the October deadline, detailing their purchase terms and due diligence timelines.

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