T and T Xtra Self Storage

1200 Commercial Street, Hugoton, KS 67951

Property Information

  • For Sale $430,000
  • Property Type Industrial - Storage
  • Property Size 12,632 SF
  • Date Updated Aug 14, 2026
  • HVAC None

Description

Hugoton is the county seat of Stevens County in Southwest Kansas. Hugoton features a population of around 3,700, but serves a much larger regional population for healthcare, retail, agriculture, and professional services. Access to Major Regional Cities o Liberal, KS – Approximately 25 miles (30 minutes) east o Garden City, KS – Approximately 70 miles (1 hour 15 minutes) north o Guymon, OK – Approximately 40 miles (45 minutes) south o Dodge City, KS – Approximately 120 miles (2 hours) northeast o Amarillo, TX – Approximately 135 miles (2 hours) south o Wichita, KS – Approximately 220 miles (3½ hours) east o Denver, CO – Approximately 270 miles (4½–5 hours) northwest Hugoton is positioned near the Kansas, Oklahoma, and Texas borders, making it a regional hub for agriculture, energy, and commerce across the High Plains.Value-Add Opportunity – Currently 69.9% physically occupied with no tenant protection in place, providing immediate upside potential. Limited Competition – Hugoton is a low-supply self-storage market with only 6.44 square feet per capita within a 5-mile radius and just two competing facilities, both of which are fully occupied. Below Replacement Cost – Offered at $34.04 per square foot, representing an attractive entry point below estimated replacement cost. Recent Capital Improvements – The current owner has invested significantly in the property, including installing new doors on more than 16 units that were previously inoperable and pouring new concrete floors in multiple units.

Highlights

  • Below Replacement Cost Offered at $34.04 per square foot, representing an attractive entry point below estimated replacement cost.
  • Limited Competition Hugoton is a low-supply self-storage market with only 6.44 square feet per capita within a 5-mile radius and just two competing facilities, both of which are fully occupied.
  • Recent Capital Improvements The current owner has invested significantly in the property, including installing new doors on more than 16 units that were previously inoperable and pouring new concrete floors in multiple units.
  • Value-Add Opportunity Currently 69.9% physically occupied with no tenant protection in place, providing immediate upside potential.

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