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27003043
27003037

5212 Petroleum Dr, Carlsbad, NM 88220

EA
NM 19757
Permian Real Estate
JD
TX 9004023
NRG Realty Group
Listed by Permian Real Estate, NRG Realty Group
$4,449,152
264 days on market
Updated 4 days ago

National, High Credit SNTL

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 17,500
Cap Rate 8.85%
NOI $393,750
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 5
Year Built 2018
Year Renovated 2020
Buildings 2
Acreage 5.800
Zoning County
Investment Type Value Add
Ceiling Height 23

National, High Credit SNTL

Marketing description

NRG Realty Group, in cooperating with New Mexico Broker Erin Anderson/Permian Real Estate is pleased to present the opportunity to acquire the Schneider facility in Carlsbad, NM. Schneider (NYSE: SNDR) is one of the nations leading logistics providers. They have been in business for over 90 years, have over 280 locations, and did over $5 Billion in revenue in 2024. Schneider executed a 5-year lease on the subject property to serve as its logistics & maintenance hub for servicing customers in the Permian Basin. The property features ample outdoor storage space for trucks & equipment along with two different facilities setup for administrative, operations, training as well as warehousing and maintenance. Located in Carlsbad, NM which is one of the nations fasted growing communities at 15.8%.

About the Property:

Built in 2018 and expanded in 2020, this property features 2 buildings totaling 19,500 SF on 5.8 Acres. The main building is 10,000 SF with 5,000 SF office and 5,000 SF warehouse. Maximize operations in the main shop built with a 23' eave height, 10-ton crane served, and (10) 16' overhead doors forming 5 drive-through bays. The second building is 9,500 SF with ±3,500 SF office, ±4,000 SF warehouse, and a 2,000 SF canopy space. The site is fully fenced and secured with two automatic gates, and over 7,500 SF covered surface parking.

Investment highlights

60.5 Months Remaining

Triple-Net Lease with 3% Annual Increases

Occupied by Schneider Resources Inc. - Wholly owned subsidiary of Schneider National Inc.

Located in Growing Area of Carlsbad, NM

2 Buildings: 17,500 SF on 5.8 Acres

10,000 SF Main Building

5,000 SF Class A Office | 5,000 SF Warehouse

23' Eave Height | 10-ton Crane Served

(9) 16' Overhead Doors forming 4 Drive-Through Bays

9,500 SF Second Building

(2) 14’ doors on building 2

±4,000 SF Warehouse | ±3,500 SF Office & training center

2,000 SF covered outside storage

Fully Fenced, 2 Automatic Gates

Over 7,500 additional SF of covered parking areas

Listing Contacts

EA
NM 19757
Permian Real Estate
JD
TX 9004023
NRG Realty Group
Listed by Permian Real Estate, NRG Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$393,750.00
$32,812.50/mo

Valuation Metrics

0
DSCR
8.85%
Cap Rate
8.85%
ROI

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Additional Information

Name
Erin Anderson
License
19757
Brokerage
Permian Real Estate
Title
Qualifying Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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