Investment Overview

A1 U Stor It is a 22,300 rentable-square-foot self-storage facility located just 20 miles south of downtown Dallas, strategically positioned between the rapidly growing markets of Waxahachie and Red Oak. Built in 2008 and expanded in 2012, the property spans approximately 1.78 acres and comprises six single-story buildings with 159 drive-up units and an office. Facility amenities include perimeter fencing with wrought-iron gates, keypad access, 24/7 video surveillance, and wide drive aisles designed for customer convenience. The property benefits from excellent visibility near the intersection of Farm-to-Market 813 and 983, where daily traffic exceeds 10,000 vehicles. Within a three-mile radius, competition is limited to just two facilities, and with no new developments planned, A1 U Stor It is well-positioned as the dominant storage provider in its trade area. The surrounding population has grown nearly 10 percent since 2020, with average household incomes above $96,000—supporting strong demand for storage solutions. The area’s economic and residential growth further enhances the investment story. Red Oak is emerging as an industrial hub, with Google-backed data centers and over 575 acres of land planned for distribution facilities, creating significant job growth. On the residential side, new housing developments are reshaping the landscape, including Dove Hollow (445 new homes), the 2,500+ home Myrtle Creek master-planned community, and The Oaks by Bloomfield Homes (150+ homes already built and expanding), all within a short drive of the property. Currently, the facility operates under remote ownership with minimal oversight. Despite this, occupancy remains strong at 94 percent. Importantly, street rental rates are approximately 12 percent below market averages, offering a clear path for revenue growth through rate adjustments. At a basis of $69.51 per rentable-square foot, investors are presented with the opportunity to acquire a stabilized, well-located facility with strong in-place cash flow and meaningful upside through professional management and rent optimization.