investment highlights
- 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. The planned widening and expansion of Highway 114 will significantly enhance regional connectivity and roadway capacity, supporting continued residential and commercial growth throughout the rapidly expanding Northlake/Justin corridor.
North Fort Worth continues to experience exceptional residential and commercial growth, driven by expanding employment opportunities throughout the Alliance corridor and northern Fort Worth submarkets. The surrounding three-mile trade area is characterized by affluent demographics, with average household incomes exceeding $125,699, while the city’s population has increased by more than 70 percent since 2020. Supported by strong population growth, rising incomes, and continued economic expansion, TMS Self Storage is well positioned to capitalize on increasing self-storage demand within one of the most dynamic growth markets in Denton County and the greater DFW region.
