Luminous Property Investing

LuminousIndustrial Development portfolio

LPID – 1 (707 Nelson Lane, Wharton TX 77488)

18,462 SF Warehouse on 13.62 ACRES
NEW: Roof, Walls, Grade Level Doors, Offices, Bathrooms
True NNN Lease
Total NOI: $114,000
Lease Expiration date : 12/31/2028
Rent increase – 1.05% on 2/2024
Tenant – Ranger Energy Services

$228M Market Cap w/ 2,000 Employees
Provides well services to the oil and gas industry
Founded in 2014
2016, merged with CSL Capital Management, Bayou Workover Services and Magna Energy to form Ranger Energy Services, LLC
In 2017 went public on the NYSE, ticker symbol RNGR

LPID - 2 5810 LEDBETTER STREET, HOUSTON,TX

16,000 SF Warehouse
NEW: Roof, Walls, Full HVAC, Added power – 50,000 KW
True NNN Lease
Total NOI: $192,000 ( Sale and Lease back deal)
LEASE Expiration date : 5/1/2030
Rent increase – 1.04% annually

LPID – 1 (614 Curtis Ave, Pasadena. TX 77502)

20,400 SF Warehouse on 0.81 AC
NEW: Roof, Walls, Grade Level Doors, Offices, Bathrooms, LED Lighting, Painting
Comprised of 3 Suites
11,500 SF is 100% HVAC (2 Suites Leased)
True NNN Leases with Annual Escalations
7 Grade Level Doors / 3 Offices and 3 Restrooms
3-Phase Power / 18 FT Clear Height
Total NOI: $168,900.00 (2 Suites Leased)
Suite 150: 5,500 SF (100% HVAC) - Pyro Custom Materials Company
2024 NOI: $82,500.00
2025 NOI: $71,841.00
2026 NOI: $74,714.64

Term Ends: 02/15/2029 / (1) 5 Year Renewal Option
Suite 140: 6,000 SF (100% HVAC) - Equipment Repair/Centrifugal Pumps & Engineering Company
2024 NOI: $86,400.00
2025 NOI: $87,904.00
202 6 NOI: $92,252.16
Term Ends: 04/07/2027 / (1) 3 Year Renewal Option
*Suite 130 (Listed for Lease): 8,900 SF - Frontage Location (Currently Vacant)
Space has 1 office/1 bathroom and 2 Grade Level Doors (NEW)
*Projected NOI: $90,780.00

LPID – 3 (7301 Old Galveston, Houston, TX 77034)

16,000 SF Warehouse
NEW: Roof, Walls, Full HVAC, Added power – 50,000 KW
True NNN Lease
Total NOI: $192,000 ( Sale and Lease back deal)
LEASE Expiration date : 5/1/2030
Rent increase – 1.04% annually

LPID – 3 (CR 48 SELF STORAGE )

16,000 SF Warehouse
NEW: Roof, Walls, Full HVAC, Added power – 50,000 KW
True NNN Lease
Total NOI: $192,000 ( Sale and Lease back deal)
LEASE Expiration date : 5/1/2030
Rent increase – 1.04% annually

For more details, email us at info@luminous.com or book a call at your convenience.