Global Tenant - STNL - ISF/IOS Opportunity

Located approximately 6 miles South of Kenedy, TX in the heart of the Eagle Ford Shale with frontage on Highway 181. The subject property is adjacent to publicly traded entities Distribution Now & Sunbelt Rentals.NRG Realty Group is pleased to present the opportunity to acquire this single tenant net lease industrial asset in Kenedy, TX leased to Compass Energy Systems (USA) Inc. fully guaranteed by their parent company, Compass Compression Holdings Ltd. (“CES”). CES is headquartered in Alberta, Canada with a global presence, having completed projects in 19 countries. CES has expanded across the US with nine (9) locations total including a 280,000 SF custom fabrication facility in Houston, TX. CES provides custom fabrication of compression units for oil & gas exploration and midstream energy services. The subject property available for acquisition serves as a parts & field service center for CES servicing customers in South and Central Texas and along the gulf coast. CES executed a 60-month lease in June 2023 with 3% annual escalations and NNN structure. The 7,800 SF office/warehouse qualifies as industrial outdoor storage with 5 acres of land and is located adjacent to Sunbelt Rentals and Distribution NOW, both publicly traded entities proving the strategic location of the asset.