ProTrans International

3880 & 3822 Adams Circle - Eagle Pass Texas 78852

LTV (Loan to Value)	65.00%	Current NOI	$360,000.00
Interest Rate	4.250%	Capital Rate	7.200%
Fixed Term	10 Years	Land Area
Amortization	25 Years	Lease Type
Loan Amount	$3,250,000.00	Property Type	Industrial
Payment	$17,606.49	Property Lease	Warehouse
Bulding Size	0 SF	Remaining Terms

Location Description

NNN Lenders is pleased to offer for sale to qualified investors an industrial property leased to 100% leased to ProTrans International, located in Eagle Pass, Texas. ProTrans International is operating under a ten (10) year base lease term, featuring two (2), three (3) year renewal options. The subject Property is +/- 80,000 SF on approximately 5.5 acres of land. Business between the United States and Mexico is growing and Eagle Pass, Texas is your passport to this exploding market. The county seat of Maverick County, Eagle Pass is the gateway to Mexico. The Port of Eagle Pass/Piedras Negras is the primary U.S.-Mexico border crossing for the industrial Mexican state of Coahuila. Eagle Pass welcomes business with its pro-growth policies and its strategic location on US/Mexico Highway 57, that not only connects to San Antonio and northern distribution points, but also offers a direct route to Mexico City.

Highlights

Solid Credit Tenant - ProTrans is an autoparts institution, with strong historic financial performance. ProTrans reported $192 million in annual…

Property Description

Eagle Pass is a city in and the county seat of Maverick County in the US state of Texas. The population was 27,183 as of the 2010 census. Eagle Pass borders the city of Piedras Negras, Coahuila, Mexico, which is to the southwest and across the Rio Grande. The Eagle Pass-Piedras Negras Metropolitan Area (EG-PN) is one of six binational metropolitan areas along the United States-Mexican border. As of January 2008, according to the US census, the Eagle Pass Metropolitan Area's population was 48,401 people, and the Piedras Negras Metropolitan Area's population was 169,771. Piedras Negras is a city and seat of the surrounding municipality of the same name in the Mexican state of Coahuila. In the 2012 census the city had a population of 139,169 people. The Eagle Pass and Piedras Negras area is connected by the Eagle Pass-Piedras Negras International Bridge, Camino Real International Bridge, and the Eagle Pass Union Pacific International Railroad Bridge. The city was founded in 1849. It was renamed Ciudad Porfirio Díaz in 1888, in homage to President Porfirio Díaz, but reverted to its original name following the Mexican Revolution. In Spanish Piedras Negras translates to "black stones" – a reference to the coal deposits that exist in the area. Across the river, coal was formerly mined on the US side at Dolchburg, near Eagle Pass. This mine closed around 1905, after a fire. Mexico currently operates two large coal-fired power plants named "José López Portillo" and "Carbón 2" located 30 miles south of Piedras Negras.