TMS Self Storage
Justin, TX
Asking price
Price not disclosed
Units
1,005
Cap rate
—
Price / unit
—
About this property
UPSIDE POTENTIAL // The facility is currently managed by an out-of-state private operator whose only Texas asset is this location, creating a clear operational inefficiency. A new owner can immediately enhance performance by implementing professional management, modern revenue systems, and consistent onsite oversight—unlocking meaningful NOI growth and stabilizing the asset under institutional-quality operations. INSTITUTIONAL-QUALITY ASSET // Newly constructed in 2020 with an expansion in 2022, TMS Self Storage consists of 1,005 units totaling 120,830 NRSF across eight modern two-story buildings, offering a diversified mix of climate-controlled, outside storage, and outdoor RV/vehicle storage options. BEST-IN-CLASS SECURITY & AMENITIES // The facility features digital keypad and app-based gated access, 24/7 video surveillance, perimeter fencing, security lighting, fire sprinkler systems, insulated ceilings, covered exterior drive aisles, and an onsite apartment, creating a secure and customer- focused storage experience. HIGH-VISIBILITY HIGHWAY FRONTAGE // Positioned along Highway 114 with exposure to more than 35,000 vehicles per day, the property benefits from exceptional visibility and convenient access just west of the Highway 114/I-35W interchange, while the planned widening and expan-sion of Highway 114 is expected to further enhance regional connectivity and roadway capacity, supporting continued residential and commercial growth throughout the rapidly expanding Northlake/Justin corridor. Adjacent TO major regional demand drivers // The facility is surrounded by some of North Texas’s strongest economic anchors, including AllianceTexas, Alliance Town Center, Texas Motor Speedway, Tanger Outlets Fort Worth, and immediately adjacent to Northwest High School, all of which contribute to significant residential, commercial, and industrial storage demand throughout the area. Located IN A high-growth, AFFLUENT TRADE AREA // Fort Worth continues to experience rapid population growth, increasing more than 70 percent since 2020, while the surrounding three-mile trade area boasts average household incomes exceeding $125,699, supporting strong long-term self-storage demand fundamentals. property summary TMS Self Storage is a premier 1,005-unit, 120,830 NRSF self-storage facility strategically located in Justin, Texas, one of the fastest-growing communities in the Dallas-Fort Worth Metroplex. Situated on approximately 5.89 acres, the property was developed between 2020 and 2022 and features eight modern two-story buildings with a diverse mix of climate-controlled units, traditional outside storage, and outdoor RV and vehicle parking designed to serve a broad customer base. The site also includes approximately ¾ of an acre of dedicated parking area, providing ample space for customer access, circulation, and vehicle accommodation. Constructed with a high-quality design and durable materials, the facility offers a comprehensive amenity package including gated access with digital keypad and app-based entry, an onsite apartment, 24/7 video surveillance, perimeter security fencing, covered exterior drive aisles, insulated ceilings, fire sprinkler systems, and metal buildings with roll-up doors throughout the property. These features provide a secure and efficient storage experience while supporting long-term operational performance. The property benefits from a highly visible location along Highway 114, which carries approximately 35,822 vehicles per day, and is positioned just west of the Highway 114/I-35W interchange, one of North Texas’s most important transportation corridors. The surrounding area is anchored by several major regional demand generators, including Texas Motor Speedway, Tanger Outlets Fort Worth, Alliance Town Center, and AllianceTexas, a 27,000-acre master-planned development recognized as one of the largest employment, industrial, and logistics hubs in the United States.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | Price not disclosed |
|---|---|
| Units | 1,005 |
| Building size | 120,830 sq ft |
| First seen by UnitListed | Sep 24, 2026 |
| Source page last checked | Sep 24, 2026 |
| Source last changed | Sep 24, 2026 |
Trade area · Denton, TX
6 of 6 availableContext about the county from the public record — not from the seller, and not a valuation. The seller's own figures are shown separately above and are never mixed with these.
Denton, TX has 72 lessors of miniwarehouses and self-storage units recorded by Census across 945,644 residents — about 13,134 people per facility.
- Mapped competitors within 10 miles
- 8
- Residents per competing facility
- 13,134
- Renter-occupied housing
- 34.6%
- Median SBA loan approved, this asset class
- $1,168,500
- SBA loans in this industry that charged off
- 0%
- FEMA composite risk rating
- Relatively High
OpenStreetMap contributors · current
US Census County Business Patterns + ACS · 2022 · county level
US Census ACS 5-year, table B25003 · 2023 · county level
SBA 7(a) and 504 FOIA loan disclosures · FY2011-FY2022 · county level
SBA 7(a) and 504 FOIA loan disclosures · FY2011-FY2022 · county level
FEMA National Risk Index · 2025 · county level
SBA figures are loan amounts approved, not sale prices — a loan covers only the financed part of a purchase, and most acquisitions are financed conventionally and never appear here. They describe what lenders committed to comparable businesses in this county, not what this property is worth.
Sources: US Census Bureau (County Business Patterns, American Community Survey), US Small Business Administration 7(a)/504 loan disclosures, FEMA National Risk Index, and © OpenStreetMap contributors. Public records describe a county, not this property.
Before you call the broker
9 things are not disclosed on this listing. These are the questions that would close the gap — specific to a storage facility, not a generic list.
Asking price — not disclosed
What is the asking price, and is it firm or inviting offers?
Everything else is measured against it. A price on request is normal, but it means you cannot screen this against your budget yet.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Physical vs economic occupancy — not disclosed
What is physical occupancy, and what is economic occupancy?
A facility can be 92% full and still be collecting far less, through concessions and delinquency. Physical occupancy alone flatters the deal.
Climate-controlled share — not disclosed
How many units are climate-controlled, and what is the rate premium?
Climate-controlled space earns more per square foot and costs more to run. The mix changes both sides of the model.
Expansion land and entitlements — not disclosed
Is there expansion land, and has anything been entitled or permitted?
Often the whole thesis in storage. Also the difference between a plan and a permit.
How it is managed today — not disclosed
Is this staffed, remotely managed or unmanned, and does a management contract transfer?
Decides whether the expense line you are shown survives the sale.
Currency of the asking price — disclosed
Unit mix and rent roll — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 24, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 24, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
