National, High Credit SNTL 5215 Petroleum Dr 17,500 SF Industrial Building Carlsbad, NM 88220 $4,449,152 ($254.24/SF) 8.85% Cap Rate

NRG Realty Group, in cooperating with New Mexico Broker Erin Anderson/Permian Real Estate is pleased to present the opportunity to acquire the Schneider facility in Carlsbad, NM. Schneider (NYSE: SNDR) is one of the nations leading logistics providers. They have been in business for over 90 years, have over 280 locations, and did over $5 Billion in revenue in 2024. Schneider executed a 5-year lease on the subject property to serve as its logistics & maintenance hub for servicing customers in the Permian Basin. The property features ample outdoor storage space for trucks & equipment along with two different facilities setup for administrative, operations, training as well as warehousing and maintenance. Located in Carlsbad, NM which is one of the nations fasted growing communities at 15.8%.
About the Property:
Built in 2018 and expanded in 2020, this property features 2 buildings totaling 19,500 SF on 5.8 Acres. The main building is 10,000 SF with 5,000 SF office and 5,000 SF warehouse. Maximize operations in the main shop built with a 23' eave height, 10-ton crane served, and (10) 16' overhead doors forming 5 drive-through bays. The second building is 9,500 SF with ±3,500 SF office, ±4,000 SF warehouse, and a 2,000 SF canopy space. The site is fully fenced and secured with two automatic gates, and over 7,500 SF covered surface parking.