Map of Property

For Sale I Industrial - Warehouse / Distribution

For Sale

385 Shale Rd, Pleasanton, TX 78064

This Pleasanton property for sale is located at 385 Shale Rd. The current listed sale price for For Sale I Industrial - Warehouse / Distribution is $4,200,000. For Sale I Industrial - Warehouse / Distribution is situated on a lot that is 9.6 square feet in size.

Contacts

Todd Moore

Colliers

Connor Duffy
Zack Martin

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 23,500 SF
  • Lot Size 9.6 SF
  • Date Updated Jul 3, 2026

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).
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 25/100

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Location

  • City Pleasanton, TX
  • Zip Code 78064

Points of Interest

  • H-E-B Fuel

    1.82 miles

  • Valero

    3.56 miles

  • Exxon

    5.14 miles

  • Chevron

    5.22 miles

  • H-E-B Car Wash

    1.83 miles

  • China Garden

    1.78 miles

  • Bill Miller BBQ

    1.81 miles

  • Dairy Queen

    1.84 miles

  • Bush's Chicken

    2.03 miles

  • McDonald's

    2.04 miles

  • Wingstop

    2.28 miles

  • Burger King

    2.29 miles

  • East Coast Wings

    2.41 miles

  • Whataburger

    2.42 miles

  • Chili's

    2.52 miles

Contact For Sale I Industrial - Warehouse / Distribution
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