Log In/Sign Up
Your email has been sent.
385 Shale Rd
Pleasanton, TX 78064
Investment-Grade NNN Industrial Asset · Industrial Property For Sale
Investment Highlights
- ChampionX | Investment-Grade NNN Industrial Asset
Executive Summary
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).
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).
Property Facts
Property Taxes
| Parcel Number | R164409 | Improvements Assessment | $1,797,590 |
| Land Assessment | $432,000 | Total Assessment | $2,229,590 |
Property Taxes
Parcel Number
R164409
Land Assessment
$432,000
Improvements Assessment
$1,797,590
Total Assessment
$2,229,590
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
