CDM Resource Management
State Highway 85 & Cattle Guard Way - Dilley Texas 78017
LTV (Loan to Value) | 65.00% | Current NOI | $150,000.00 |
Interest Rate | 4.250% | Capital Rate | 10.000% |
Fixed Term | 10 Years | Land Area | |
Amortization | 25 Years | Lease Type | NN |
Loan Amount | $975,000.00 | Property Type | Industrial |
Payment | $5,281.95 | Property Lease | |
Bulding Size | 0 SF | Remaining Terms |
Location Description
NNN Lenders is pleased to offer for sale to qualified investors, an industrial property which is 100% leased to CDM Resource Managment located in Dilley, TX. Dilley is located within the Eagle Ford Shale, one of the most actively drilled targets for oil and gas in the United States. The Eagle Ford Shale play extends about 400 miles across South Texas in a 50-mile-wide band, from the Mexican border, below San Antonio and into East Texas. In October of last year, the Eagle Ford Shale reached production levels exceeding 1 million barrels per day (bpd) of oil. The region is forecast to generate approximately $21.5 billion in total annual economic output and support roughly 68,000 full-time jobs by 2020.
Highlights
Brand New Building - The subject Property is a brand new building, with the rent commencement in December 2014Strong Credit…
Property Description
Dilley, Texas is a city on the Missouri Pacific Railroad line in Frio County. The population was 3,929 as of 2011. It is located off I-35, 16 miles south of Pearsall and 71 miles southwest of San Antonio. Dilley is strategically located within the Eagle Ford Shale region of south Texas. The Eagle Ford Shale play extends about 400 miles across South Texas in a 50-mile-wide band, from the Mexican border, below San Antonio and into East Texas. With over 130 miles of new pipeline activity including the continued development of the Chisholm, Dilley, Dos Hermanas, Leona, and Fox Creek pipelines, all indications are that over the next three to five years, midstream activities will continue to play a significant role in regional construction activities.