Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
$6,541,957
GLOBAL OIL & GAS WELLS INDUSTRIAL PROVIDER | ABSOLUTE NET
Details
APN 36450-00405-0010S
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 20,301
Units 1
Cap Rate 7.47%
NOI $488,424
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 09/26/2043
Remaining Term 17.3
Rent Bumps Yes
Class A
Year Built 1975
Acreage 6.300
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Industrial | 7.47% CAP | 45,175 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310636/wellbore-integrity-solutions
Investment highlights
- Long Term Absolute Net Lease Featuring 2.75% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options.
- Mission-Critical Energy Services Market - Odessa Serves as a Central Hub for Drilling, Completion, Production, and Well Maintenance Activities.
- Wellbore Integrity Solutions is a Houston-based Global Company that Extends the Lifecycle of Oil, Gas, and Geothermal Wells through advanced Wellbore Intervention, Tubular Services, and Engineering.
- Core Permian Basin Location - Strategically Positioned in the Heart of the Permian Basin, the Most Active Oil and Gas Producing Region in North America, Supporting Sustained Long-Term Industrial and Energy Demand.
- Strategic West Texas Footprint - West Texas Remains One of the most Critical Energy Production Regions Globally, making Industrial Assets in Odessa Strategically Important to Domestic and International Energy Supply Chains.
- Odessa–Midland Energy Corridor - Located within the Odessa–Midland Industrial Corridor, Anchored by Odessa and Midland, Home to Hundreds of Energy Operators, Service Firms, and Supply Chain Users.
- Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.
- Surrounded by Operations Supporting ExxonMobil, Chevron, Occidental Petroleum, Pioneer Natural Resources, and ConocoPhillips, Creating Dense Industrial Synergy and Continuous Demand for Oilfield Infrastructure and Services. Immediate Access to Major Transportation Routes - Excellent Connectivity to Interstate 20, allowing Efficient East–West Freight Movement Across Texas and Direct Access to Regional Energy, Manufacturing, and Distribution Markets.
Listing Contacts
Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$488,424.00
$40,702.00/mo
Valuation Metrics
0
DSCR
7.47%
Cap Rate
7.47%
ROI
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