Mission Critical - IOS Industrial Portfolio

Description:

NNN Leased Industrial | 12.5 Years of Remaining Term | 3% Annual Increases




Colliers Houston is pleased to present the opportunity to acquire a two-asset, mission-critical industrial portfolio leased to Knight Energy Services, a long- stablished energy services provider headquartered in Houston, Texas. The portfolio comprises approximately 213,956 square feet of industrial improvements situated on ±68.6 acres of predominantly stabilized land across two strategically located facilities in Broussard, Louisiana and Williston, North Dakota—both core markets supporting U.S. energy production and logistics infrastructure.




Investment Highlights


• Two-Asset, Mission-Critical Industrial Portfolio: ±213,956 square feet of specialized industrial improvements situated on approximately 68.6 acres across two strategically located facilities: 134,532 SF across eight buildings in Broussard, Louisiana and 79,424 SF across three buildings in Williston, North Dakota—both core markets supporting U.S. energy production and logistics.
• Single-Tenant Net Lease with Established Operating Company: 100% leased to Knight Energy Services, a long-established energy services provider founded in 1972 with a national operating footprint. The facilities are mission-critical to the tenant’s operations, resulting in strong functional dependency and high renewal probability.
• Attractive Yield with Durable, Contractual Cash Flow: The portfolio is projected to generate approximately $2.31 million in combined annual NOI, supported by absolute NNN lease structures, contractual rent escalations, and minimal landlord responsibilities.
• Below-Market In-Place Rents with Embedded Upside: In-place rental rates are below prevailing market levels, providing investors with built-in mark-to- arket potential through future renewals, expansions, or re-leasing, while maintaining strong day-one yield.
• IOS-Oriented Sites with Expansion and Reconfiguration Optionality: Both assets feature low building coverage ratios, extensive stabilized outdoor storage, and surplus land, offering future development, expansion, or densification potential to meet evolving tenant or market demands.
• Highly Specialized, Purpose-Built Improvements: Facilities are tailored for heavy industrial and energy services use, featuring oversized grade-level loading, aviation-style hangar doors (North Dakota), multiple overhead bridge and jib cranes, clear heights up to 26 feet, upgraded HVAC systems, backup power generation, and fully secured yards—creating high replacement costs and meaningful barriers to entry.
• Strategic Locations in Energy-Driven Markets: Broussard, LA and Williston, ND serve as critical hubs within major U.S. energy basins, benefiting from longterm infrastructure investment, entrenched industrial demand, and limited supply of comparable missioncritical facilities.







Paul Dominique

Principal I Colliers

LA License No. BROK.995704964 CORP




Andy Kocemba

President & CEO I Calhoun Companies

ND License No. 8528

Documents: