investment highlights
- CLASS A NEW CONSTRUCTION // Public Storage (Managed) Fort Worth was built in 2022 and 2024 and features best-in-class amenities. The single-story phase one and two-story phase two construction includes drive-up, interior, and climate-controlled units. A professional leasing office with large security camera video board displays and a spacious retail area along with wide concrete drive-aisles compliment the Class A construction.
- OCCUPANCY AND REVENUE // Phase One reached stabilized physical occupancy within 18 months, prompting the expansion of Phase 2. The management team has adopted an accelerated lease-up strategy to gain occupancy with discounted rates. As the best-in-market facility, the property should command at or above market rates at stabilization. As of February 2026, the property is 65 percent physically occupied, with revenue growing five percent from January to February.
- STRONG DEMOGRAPHICS // There are 116,361 people, 40,620 households, and a median income of $68,002 in the three-mile trade area of the property. The five-mile population is projected to grow 3.5 percent over the next five years.
- ATTRACTIVE BASIS // Offered at or below current construction prices, Public Storage (Managed) Fort Worth is an opportunity to acquire a Class A facility for a great basis.
- HEALTHY SUPPLY // The current supply in the five-mile trade area is 8.30 square feet per capita with no known projects in the development pipeline (Yardi Matrix, March 2026).
- 2.5 MILES FROM DOWNTOWN FORT WORTH WITH FREEWAY VISIBILITY // There are around 73,000 cars that pass by the facility daily between US Highway 287 and Riverside Drive.
property summary
Public Storage (Managed) is a 1,086-unit, 126,325 net rentable square foot self-storage facility located in Fort Worth, Texas. The property sits on around 7.97 acres of land, was initially constructed in 2022, and was completed in 2024. The property contains three single-story self-storage buildings and one multi-story self-storage building.
Public Storage (Managed) has many amenities including a gated entry with a digital keypad, a separate onsite management office in front of the entrance gate, 24/7 video surveillance throughout the facility, concrete driveways, and units with roll-up doors.
The facility is centrally located in Fort Worth with excellent visibility from US Highway 287 and Riverside Drive and over 73,000 passing vehicles per day. Located just two and a half miles from downtown, there are major drivers in the immediate area such as the Fort Worth Water Gardens, Topgolf, Wild Acre Restaurant & Beer Garden, the Fort Worth Convention Center and Sheraton Hotel to name a few.
