Superior Drilling Products

1540-1586 S. 1700 E., Vernal, UT
Deal Type:
Sale Leaseback
Price:
$4,448,500
Cap Rate:
7.00%
Current Rent:
$311,395
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four 5-year or Two 10-year
Building Sq. Ft.:
44,485
Rent Increases:
1.5% Annual
Site Size:
6.5 acres
  • stream capital partners sale leaseback
  • stream capital partners sale leaseback
  • stream capital partners sale leaseback

Investment Highlights

  • 15-year, absolute triple net lease with 1.5% annual rent increases
  • Mission-critical asset for Superior’s operations; Subject facility is the tenant’s only facility
  • Publicly-traded company with a low level of debt ($3.9 million or 1.54x debt to EBITDA)
  • 13.4% revenue growth from 2017-19

Listing Agents

Jeff Lizzo STREAM Capital Partners

Jeff Lizzo

Senior Vice President
630 222 8409
jeff@stream-cp.com
Jonathan Wolfe STREAM Capital Partners

Jonathan Wolfe

Managing Principal
312 310 2798
jonathan@stream-cp.com
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