10.2% Cap Rate - STNL

The property is located on Eagleford Dr, just off of I-37, in Pleasanton, TX. I-37 is a major North-South thoroughfare connecting Pleasanton to San Antonio (~37 Miles). Pleasanton is part of Atascosa County, offering convenient access to major highways and cities throughout Texas.This Single Tenant Net Lease (STNL) industrial investment opportunity is located at 612 Eagle Ford Dr., Pleasanton, TX, within the Eagle Ford Shale region, a premier oil and gas basin known for its sustained drilling activity and robust energy services market. The property is leased to MAT Energy Services, LLC, a specialized provider of equipment and services supporting the energy sector. The 60-month lease commenced on June 1, 2023, and runs through May 31, 2028, offering 37 months (3 years, 2 months) of remaining lease term as of May 1, 2025. Investors benefit from contractual annual rent escalations of 2%, providing built-in income growth. The NNN lease structure shifts most operating expenses to the tenant, including taxes, insurance, and management fees, while the landlord retains responsibility only for the roof, foundation, and exterior. The 9,813-square-foot facility, situated on a 3-acre lot with Interstate 37 visibility, features high-end industrial specifications tailored to energy operations. It includes two 5-ton bridge cranes, three large drive-in doors (20’ x 18’), a 29’ warehouse eave height, and a wash bay, making it an ideal site for heavy-duty equipment handling and servicing. With strong market fundamentals, minimal landlord responsibilities, and a high-quality, mission-critical tenant, this asset provides stable cash flow with long-term appreciation potential in one of Texas' most active energy corridors.