Self storage · Midlothian, Texas
My Garage Self Storage
5230 Farm-to-Market 663, Midlothian, TX · Google Maps
My Garage Self Storage is financed with a $7.0M CMBS loan at 6.77% that reaches maturity on September 6, 2031, in 4 years and 10 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $6,975,000
- Original balance (same notes)
- $6,975,000
- Interest rate
- 6.77% fixed
- Originated
- August 18, 2026
- Maturity
- September 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2031
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5230 Farm-to-Market 663, Midlothian, TX 76065
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 91,646 sq ft
- Units, rooms or beds
- 575
- Built
- 2021
- Value at securitization
- $11.1M (Jun 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.41x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $673K | n/a |
Comparable loans: self storage properties in Dallas-Fort Worth-Arlington, TX, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-V24 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC October 26, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Nov 2026.
Operating statement
| Annual | At securitization | Latest | Per sq ft |
|---|---|---|---|
| Revenue | $1.1M | n/a | |
| Operating expenses | $385K | n/a | |
| Net operating income | $673K | n/a | |
| Net cash flow | $666K | n/a | |
| Expense ratio | 36.4% | n/a |
From the servicer's Schedule AL report; 91,646 sq ft; 575 units.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-V24 Mortgage Trust | 31 | $6,975,000 | Nov 2026 | SEC filing, October 26, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pinnacle Tower | Farmers Branch, TX | Office | $100.0M | 6.451% | Mar 2031 | n/a | n/a | Current |
| International Plaza I | Farmers Branch, TX | Office | $65.4M | 2.435% | Sep 2031 | 6.52x | 100% | Current |
| Building E1 and 1 other property | Frisco, TX | Office | $52.7M | 3.80% | Dec 2031 | n/a | n/a | Current |
| Volara Apartments | Dallas, TX | Multifamily | $44.0M | 6.73% | Mar 2031 | n/a | n/a | Not reported |
| Epic West Towne Crossing | Grand Prairie, TX | Retail | $40.8M | 3.25% | Oct 2031 | 2.12x | 86% | Current |
| Plaza at Legacy Plano | Plano, TX | Office | $37.1M | 7.48% | Jul 2031 | 1.29x | 92% | Current |
| Granite Tower | Farmers Branch, TX | Office | $36.3M | 3.72% | Jul 2031 | 2.80x | 90% | Current |
| Bardin Place Shopping Center | Arlington, TX | Retail | $32.3M | 3.52% | Aug 2031 | 3.02x | 99% | Not reported |
All loans maturing in 2031 · All Dallas-Fort Worth-Arlington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.