Coterra Energy | Mission Critical Facility | Permian Basin Location

CBRE is presenting an opportunity for qualified investors to purchase fee interest in a ±15,499 SF flex industrial building in Carlsbad, New Mexico. The property is leased to Coterra Energy, Inc., an independent oil and gas exploration and production company based in Houston, Texas (NYSE:CTRA) with an Investment Grade credit rating (S&P: BBB). The property is a 5-acre parcel of land with a freestanding single tenant industrial flex building built in 2020 as a build-to-suit for the tenant.

• Offering Price:  $6,165,000.00
• Cap Rate:  7.50%
• 100% Leased
• Remaining Term:  10.5 Years