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Vault Pressure Control Pleasanton, TX

Status Active
Location 838 Humble Camp Road, Pleasanton, TX 78064
Captialilzation Rate 9.25%
Building Size 21,443 Square Feet
Lot Size 4.00 Acres
Lease Type NNN
Term Remaining 7.71 Years
Price $ 2482830
  • Portfolio of Texas Industrial Outdoor Storage Facilities
  • Two-Percent Annual Rent Increases
  • Vault Pressure Control is an International Company
  • Over Seven Years of Lease Term Remaining on Each Lease
  • NNN Leases with Minimal Landlord Responsibility

Doherty Houston Industrial Group is pleased to present this two-property, industrial portfolio of Vault Pressure Control facilities located in Kilgore and Pleasanton, Texas. Both properties were constructed as build-to-suits for Performance Wellhead and Frac Components, LLC, that changed its name to Vault Pressure Control, LLC in October 2020.

KILGORE
The subject property is a 43,455-square-foot facility sitting on 6.40 acres located near the interchange of Interstate 20 and State Highway 31 on Marvin A. Smith Road in Kilgore, Texas. The facility was built in 2015 and features a stone façade and steel construction, along with seven drive-in doors, two 15-ton double girder cranes, and five 2-ton jib cranes. There are over seven years remaining on a Triple-Net (NNN) lease with two-percent annual increases. The lease includes one, five-year option to renew.

PLEASANTON
The subject property is a 21,443-square-foot facility sitting on 4.00 acres located off South U.S. Highway 281 on Humble Camp Road in Pleasanton, Texas. The facility was constructed in 2016 and features steel construction, along with five drive-in doors, one 15-ton double girder crane, and three 2-ton jib cranes. There are over seven years remaining on a Triple-Net (NNN) lease with two-percent annual increases. The lease includes one, five-year option to renew.

VAULT PRESSURE CONTROL
Vault Pressure Control is a leader in wellhead product sales and service as well as rental of frac trees, valves, and zipper manifolds. The business is focused on providing outstanding customer service and world-class products to pressure control customers in the United States, Canada, Australia, Papua New Guinea, and Trinidad & Tobago markets. Vault is the combination of several market leaders in the pressure control space including Vetco Grey, Wood Group, Performance Wellhead and Frac, and Slingshot Supply; delivering a legacy of over 100 years of experience and cutting-edge technology.

Agent : Patrick Doherty

  • 512-338-7855
  • patrick.doherty@marcusmillichap.com
License: TX-622300
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