NNN Investment Sale – National Oilwell Varco
LandQwest Commercial and TREK Investment Group is pleased to offer for sale National Oilwell Varco, a 30,000 square foot single tenant corporate office building in Willis, Texas. This property offers an investor an absolute NNN lease asset with zero landlord responsibilities.
National Oilwell Varco sits less than one mile east of Interstate 45, on Highway 75 north which serves as the main thoroughfare through downtown Willis. The building was a built-to-suit for the tenant (Robbins & Myers) in 2004. In 2013 Robbins & Myers, Inc. was purchased by National Oilwell Varco, a NYSE company with an investment grade rating of “A”.
Tenant owns the adjacent building and vacant land to the south (connected by covered walkway).
- Absolute NNN Lease
- Zero Landlord Responsibilities
- Corporate Lease Guarantee
- 5.5 Years Remaining on the Primary Lease
- Investment-Grade Tenant
- Located in an Income Tax Free State