Listing Summary
Corporate Guaranty from Rocanda Enterprises Ltd; Vertically Integrated Oil & Gas Manufacturer; Tenant Recently Expanded/Improved the Facility
Full Description
Mission Critical Location; Tenant’s only Manufacturing and Supply Facility servicing Oil & Gas Operators in the Permian Basin Corporate Guaranty from Rocanda Enterprises Ltd; Vertically Integrated Oil & Gas Manufacturer Short Term Lease; High Yield Opportunity Critical Use Facility: Located In Hawkview Industrial Park, a 230-Acre Master Planned Industrial Park, Built to Service Oil & Gas Infrastructure Operators Landlord Favored Lease Structure; Landlord Responsibilities Limited to Roof & Structure only Metal Roof; Average Useful Life of 40 Years if Properly Maintained Located on Large Parcel; 3.49 Acres Tenant Recently Expanded/Improved the Facility at Tenant Expense; Contact broker for details Recently Built Property; Construction Completed in 2019 Strong Quarterly Financial Reporting; Contact broker for details Three Option Periods Remaining; 15 Years of Total Potential Lease Term Remaining Outstanding Location in Midland, TX Dense In-fill Location with 137,000 Residents Within 10 Miles Affluent Area with AHHI Exceeding $122,000 within 3 Miles Hawkview Industrial Park is located in one of the most prolific oil fields in the world with the most favorable oil production cost per barrel in the United States Permian Basin Region leads the country in Rig Count Growth and the expansion of horizontal drilling has made this area the number one focus of unconventional activity in the Unite States Midland-Odessa MSA continues to exhibit steady population growth trends above the national average Income Tax Free State of Texas
Quick Glance
- Listing ID:
CL-Texas-11425
- Status:
Active
- Year Build:
2019
- Building Size:
10,080 SqFt
- Lot Size:
N/A