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Net Lease

MRC Global - Single-Tenant Industrial Net-Leased

2413 Pecos Hwy, Carlsbad, NM 88220

Listing Price: $2,850,000

Cap Rate
8.00%
Gross SF
15,000
Price/Gross SF
$190.00
Lot Size
4.93 acres
Year Built
2018
Rentable SF
15,000

Investment Overview

Marcus & Millichap is pleased to present 2413 Pecos Highway located in Carlsbad, NM. The tenant is MRC Global, who has corporately guaranteed the lease, with the backing of over $120M in net income in 2023 and $206M in EBITDA over the past 12 months. The property was constructed in 2018 in a built-to-suit for MRC.

Investment Highlights

  • Single-Tenant Industrial Building | 2018 Construction
  • Corporate Guaranteed Lease – MRC Global (NYSE: MRC) - $206M EBITDA
  • 4+ Years Remaining on Net Lease, Annual Increases and Two Five-Year Lease Extensions

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Net Lease

MRC Global - Single-Tenant Industrial Net-Leased

Listing Price: $2,850,000

Cap Rate
8.00%
Gross SF
15,000
Price/Gross SF
$190.00
Lot Size
4.93 acres
Year Built
2018
Rentable SF
15,000

Investment Highlights

  • Single-Tenant Industrial Building | 2018 Construction
  • Corporate Guaranteed Lease – MRC Global (NYSE: MRC) - $206M EBITDA
  • 4+ Years Remaining on Net Lease, Annual Increases and Two Five-Year Lease Extensions

Investment Overview

Marcus & Millichap is pleased to present 2413 Pecos Highway located in Carlsbad, NM. The tenant is MRC Global, who has corporately guaranteed the lease, with the backing of over $120M in net income in 2023 and $206M in EBITDA over the past 12 months. The property was constructed in 2018 in a built-to-suit for MRC.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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