Credit Score
Good
Industry
Commercial Real Estate
Deal Status
Active
We are looking for an exclusive funding partner for a very viable, & secure commercial property deal.
Purchase & lease back a long-term tenanted commercial site in Texas, USA.
- 40,000 m2 site in Texas
- Triple Net commercial site
- Approx $90m(USD) purchase, then leaseback to the current owners (30m equity, 60m debt). We have the debt secured but are open to lower rates.
- Annual Rental income $6.4m+
- The tenant is a very secure market leader in oil pipelines doing $300m AR
- Tennant doing 30%+ EBITDA, positive EBITDA for 33years.
- The lease is a 15 year+
- Looking at a 7.5%+ net cap rate
This is a very secure investment deal backed by guarantees and stable cashflows. There will be a lot of interest in these kinds of deals in this current market.
Reach out for a confidential discussion.