385 Shale Rd - Warehouse FOR SALE


Pleasanton, TX 78064
$4,200,000 USD
713-830-2191
385 Shale Rd, Pleasanton, TX for Sale
$4,200,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

385 Shale Rd
Pleasanton, TX 78064


HIGHLIGHTS

  • ChampionX | Investment-Grade NNN Industrial Asset

OVERVIEW

ChampionX | Investment-Grade NNN Industrial Asset Investment Overview Colliers is pleased to exclusively present 385 Shale Road, Pleasanton, TX, a ±23,500 SF, two-building industrial warehouse facility on ±9.60 acres, 100% leased to ChampionX LLC, now a wholly-owned subsidiary of SLB (NYSE: SLB) following SLB’s $8.2 billion acquisition of ChampionX completed July 16, 2025. ChampionX (successor to Harbison-Fischer) has occupied the property since 2014 and recently executed a Fourth Amendment extending the lease 60 months through March 31, 2031, with one 36-month renewal option at Market Rate. The NNN lease features ~2% annual escalations, delivering investors a predictable, inflation-hedged cash flow stream now backed by SLB’s investment-grade balance sheet (A1/A). Investment Highlights INVESTMENT-GRADE TENANT ChampionX LLC is a wholly-owned subsidiary of SLB. NEWLY EXTENDED LEASE Lease Term through March 2031. MISSION-CRITICAL EAGLE FORD FACILITY Tenant has 12+ years of operating continuity at the property. TRUE NNN STRUCTURE Tenant responsible for all taxes, insurance, CAM, utilities, non-structural maintenance. ~2% ANNUAL RENT ESCALATIONS Built-in hedge against inflation through 3/31/2031. 36-MONTH RENEWAL OPTION AT MARKET RATE Upside potential on rollover. LARGE 9.60-ACRE SITE Substantial outside storage / staging yard. TWO BUILDINGS / 23,500 SF Pre-engineered metal industrial (Bldg A: 14,500 SF / 2014; Bldg B: 9,000 SF / 2015). STRATEGIC EAGLE FORD SHALE LOCATION Gateway to the Eagle Ford; San Antonio–New Braunfels. INCOME-TAX-FREE STATE Texas – Pro-Business – No State Income Tax. SYNERGY UPSIDE SLB targeting ~$400M annual pretax synergies from ChampionX integration over first 3 years (revenue + cost).

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment-Grade NNN Industrial Asset

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.6

LAND SF

418,176

ZONING

I

APN/PARCEL ID

R164409

ASK ABOUT THIS PROPERTY

Todd MooreColliersMore Info
713-830-2191

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Todd MooreColliersMore Info
713-830-2191

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.