Newalta Environmental Services, Inc.

5003 Chive Drive - San Antonio TX 78223

LTV (Loan to Value)	65.00%	Current NOI	$256,632.00
Interest Rate	4.250%	Capital Rate	7.750%
Fixed Term	10 Years	Land Area	+/- 7.0 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$2,152,397.65	Property Type	industrial
Payment	$11,660.36	Property Lease	Warehouse
Bulding Size	0 SF	Remaining Terms	10 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors an industrial property leased to Newalta Environmental Services, Inc. located in San Antonio, Texas. Newalta is operating under an absolute NNN lease with a ten (10) year base lease term. The lease features two (2), five (5) year renewal options and 2% annual rent increases. The subject property is a +/-10,400 SF newly constructed building on approximately seven (7) acres. The 2013 census estimated the Greater San Antonio Metropolitan Area population exceeding 2.27 million. The city sits atop the Eagle Ford Shale region of South Texas, one of the most actively drilled targets for oil and gas in the U.S. Forecasts project close to 5,000 new wells will be drilled in the Eagle Ford Shale by 2020, which may add 68,000 full-time jobs in Texas. The economic output could be as big as $21.5 billion, according to the study.

Highlights

Strong Tenant - Industrial property 100% leased to Newalta Corporation which had total revenue of $747.31 million and an adjusted…

Property Description

San Antonio is the seventh most populous city in the United States of America and the second most populous city in the state of Texas, with a population of 1,409,019. It was the fastest growing of the top 10 largest cities in the United States from 2000-2010, and the second from 1990-2000. San Antonio serves as the seat of Bexar County. The city has characteristics of other western urban centers in which there are sparsely populated areas and a low density rate outside of the city limits. San Antonio is the center of the San Antonio–New Braunfels Metropolitan Statistical Area. Commonly referred to as Greater San Antonio, the metropolitan area has a population of over 2.27 million based on the 2013 U.S. Census estimate, making it the 25th-largest metropolitan area in the United States and third-largest in the state of Texas. Growth along the Interstate 35 and Interstate 10 corridors to the north, west and east make it likely that the metropolitan area will continue to expand. San Antonio is home to five Fortune 500 companies and the South Texas Medical Center, the only medical research and care provider in the South Texas region. San Antonio is a popular tourist destination. The Alamo Mission in San Antonio (“the Alamo”), located Downtown, is Texas' top tourist attraction. The River Walk, meanders through the Downtown area, is the city's second most visited attraction.