Cap Rate - 7.20%
Deal Size - $5,000,000
Tenant - ProTrans is an international logistics provider with over 256.7 million in annual revenues. ProTrans International has 26 locations and does business in USA, Mexico, and Canada.
Brand New Construction - The facility is a brand new build to suit developed for ProTrans International. Lease commencement date May 2015.
Tax Advantages - Texas has no state income tax, providing financial incentives to an investor.
Long Term Lease - Ten (10) year base lease term.
Property Type - Industrial warehouse.
Eagle Pass Location - Eagle Pass is an International Border Crossing located in Texas and is an international gateway for foreign trade with Mexico.
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A quote from ProTrans International:
Multiple validation and verification options for when you need to move inventory across the border.
The border support you need
Our cross-border experts use detailed information to process the documentation necessary for flawless shipments. By completing the validation and verification of part-level detail, and while working in conjunction with your Customs Border Agent, we can streamline the process of moving your freight across the border.
