1995 Ranger Hwy, Weatherford
MATT MILLIGAN with TRINITY COUNTRY REAL ESTATE
is pleased to offer for sale 1845 Oil & Gas at 1995 Ranger Hwy, Weatherford, Texas 76088
(The property). 14,942 square foot industrial single tenant net lease investment opportunity. This absolute net lease has 9 years remaining on the term. (The "Tenant"), 1845 is a service
provider in the Oil and Gas sector along with commercial sand, bulk pneumatic with a
history of success and established company financials. 1845 has a strong focus in mulitple key shale plays in Texas and holds dominate market share in these areas.
1845 provides sand logistics services for the oil and gas sector as well as the commercial sand and bulk pneumatic services sector. Total revenue is in excess of $100 million annually and growing, of which 1/3 is the commercial sand, not oil and gas related. 1845 is back by Pimco and AVC private equity fund. It has operation in Texas, North Carolina, South Carolina,
Georgia and Iowa as well as other states.
Throughout the years, their emphasis has been on growing market share while also reducing costs. 1845 is well positioned for any cycle in the future and will continue to maintain strong margins. 1845 has invested sophisticated, industry leading technology and successfully
integrated multiple acquisitions into its platform to solidify its position as one of the leading proppant transportation/logistics providers in the US.
Cap Rate 9.25%
Net Operating Income $243,000
Lease Type: Absolute Triple Net
Lease Term 9 years
Years remaining 9 years
Address: 1995 Ranger Hwy
Weatherford, Tx 76088
Building Area: 23,016SF
Year Built: 2010
No Trespassing. Please contact a Trinity Country Real Estate team member for a showing. Trinity Country Real Estate welcomes all cooperating agents and brokers. Cooperating agents and brokers must make the first contact with the listing agent and be present at all showings to fully participate in commission split. The information contained in this advertisement is understood to be accurate and reliable but is not guaranteed. Please verify all information before using the information for decision-making purposes.