Multi-Chem (Halliburton Energy Services, Inc.)

2630 Highway 72 - Three Rivers Texas 78071

LTV (Loan to Value)	65.00%	Current NOI	$348,797.00
Interest Rate	4.250%	Capital Rate	10.000%
Fixed Term	10 Years	Land Area	12.00 Acres
Amortization	25 Years	Lease Type	NN
Loan Amount	$2,275,000.00	Property Type	Industrial
Payment	$12,324.54	Property Lease	Warehouse
Bulding Size	12,118 SF	Remaining Terms	6+ Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors an industrial property leased to 100% leased to Multi-Chem (Halliburton Energy Services, Inc.), located in Three Rivers, Texas within the Eagle Ford Shale region. Multi-Chem is operating under a ten (10) year base lease term, featuring two (2), ten (10) year renewal options. The subject Property is +/- 12,118 SF on twelve acres of land. 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 US. 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

Best-In-Class Tenant & Guarantor – Halliburton Energy Services, Inc. provides unparalleled technical expertise and superior local service. The guarantor, Halliburton…

Property Description

Three Rivers is a city in Live Oak County, Texas. The population was 1,878 at the 2000 census. Live Oak County’s seat is George West and has a population of 11,531. The subject Property is located just 42 miles southeast of Pleasanton and 75 miles south of San Antonio, Texas.The Eagle Ford Shale is one of the most actively drilled targets for oil and gas in the United States. San Antonio’s location within this play is attracting many oil field related companies. Although San Antonio isn’t located in the heart of the drilling activity (located on the map to the right), its close proximity and direct access to the workforce and amenities make it a premiere location for companies and their employees.