Current Tenants & Lease Structures

511 Commerce Road

Tenant – Key Energy

“Key Energy Services provides a wide array of leading edge energy production solutions and services Through our highly trained and experienced crews, technical expertise, state of the art data analytics, and fit for purpose equipment, we enable America’s E&P companies, from small independents to majors, get the most out of the life of their wells” – Taken from www.keyenergy.com

Term Remaining – Current Term expires on March 31, 2023
Rate – Current Base Rent is $3,500 per month
Lease Structure – Lease is structured on a Modified NNN basis; where Landlord is responsible for foundation, exterior walls, roof and structural components as well as electrical and plumbing systems. Tenant is responsible for reimbursing Landlord for taxes, insuring the property directly, and all other property maintenance.

611 Commerce Road - currently vacant

619 Commerce Road

Tenant – Canzak Trading, LLC

“Canzak is a family owned business delivering premium, high quality home and building accessories for both home owners as well as businesses – at affordable prices. We always keep our eyes open and when we find a great deal for you, we pass along the savings! Established in 2013, we believe in a quality over quantity approach to our product lines. This means that when you buy a Canzak product, you are getting a premium product at an affordable price.” – Taken from www.ebay.com

Term Remaining – Current Term expires on December 31, 2020
Rate – Current Base Rent is $1,500 per month
Lease Structure – Lease is structured on a Modified Gross basis; where Landlord is responsible for taxes, insurance, and HVAC replacement. Tenant is responsible for all other repairs and maintenance up to $1,500/occurrence.