KW Net Lease Advisors is proud to present to you a single tenant triple net leased industrial property leased to Black Diamond Offshore Rentals, LLC. The property has 11 years remaining with 3% Annual Increases after 1/1/2018.

About Black Diamond OffShore Rentals, LLC

Black Diamond OffShoreRentals, LLC is a wholly owned subsidiary of Black Diamond Oilfields Rentals, LLC, a Delaware Limited Liability Company, authorized to do business in the State of Louisiana.

Black Diamond Oilfield Rentals is a privately held service company with extensive industry experience that rents and services drill pipe, landing strings, heavy-weight drill pipe, drill collars, tubing, blow-out preventers and handling tools. The company is recognized for its record of providing customers with best-in-class rental equipment, faster response times, and customized equipment and service programs. Additionally, the Black Diamond team offers customers, the best drill pipe management, guidance, inspection and handling services in the industry. Whether assessing damages to equipment or cost of another nature the company is relentless in its pursuit of eliminating unnecessary cost.

Importantly Black Diamond offers an engineering function to analyze well diagram, mud reports, runs hydraulics, slip crushing, landing string design, drill string design, torque and drag. This ensures that requested drill pipe is fit for its valued customer

Sales Info:

>> Cap rate: 7.75%

>> NOI: $255456