FHE USA Cibolo (San Antonio), Texas
Status Under Contract
Location 124 Industrial Drive, Cibolo, TX 78108
Captialilzation Rate 7.00%
Building Size 29,010 SF
Lot Size 1.60 Acres
Lease Type NNN
Term Remaining 7.44 Years
Price $ 3630000
- STNL Industrial Building in San Antonio MSA (Part of a Seven-Property Portfolio Across Texas)
- FHE USA LLC Engineers Pressure Control Equipment for the Oil and Gas Industry
- Extremely Low Submarket Vacancy Rate of 2% (Source: Costar-Guadalupe County Industrial)
- Over Seven Years of Term Remaining
- 1.5% Annual Rent Increases
The subject property is a 29,010-square-foot facility sitting on 1.6 acres. There are approximately seven and one-half years remaining, and the lease includes one and one-half percent annual increases.
FHE USA LLC (FHE) designs, engineers, assembles, and services pressure control equipment for the oil and gas industry. Through unparalleled innovation and superior customer service, FHE supplies practical and reliable equipment and product certifications to oilfield service companies. FHE began operations in 2007 in Colorado. The company now has operations in Colorado, Texas, Ohio, Oklahoma and the United Arab Emirates. FHE was acquired by Basin Holdings in 2014.
Agent : Patrick Doherty
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512-338-7855
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patrick.doherty@marcusmillichap.com