Stable Tenant 10% Cap Rate Investment

1321 NE 14th Ave, Perryton, TX 79070

Property Information

  • For Sale $661,920
  • Property Type Industrial - Manufacturing
  • Property Size 12,650 SF
  • Lot Size 6.29 Acre
  • Year Built 1980
  • Year Renovated 2003
  • Date Updated May 11, 2026
  • HVAC None

Description

This property is located in Perryton, TX – just 7 miles South of the Oklahoma border. Its location offers convenient access to US Hwy 83 and TX-15 with frontage on TX-143/E Loop Rd.NRG Realty Group is pleased to present the opportunity to acquire a stabilized industrial investment through a sale-leaseback of 1321 NE 14th Ave in Perryton, Texas. The offering features a 12,650 SF mission-critical facility on 6.29 Acres leased to Q2 Artificial Lift Systems, a growing company serving the energy sector with specialized artificial lift solutions. The property is offered at an attractive 10% capitalization rate, providing investors with strong initial cash flow, predictable income growth, and minimal landlord responsibilities. As an owner-operator, the tenant has a vested interest in the long-term functionality and upkeep of the property, significantly reducing vacancy risk. This sale/leaseback opportunity features a new 5-year NNN lease with annual rent escalations. The lease commences with an initial monthly rent of $5,516 on a NNN basis and includes 3% annual rent escalations, offering built-in income growth and inflation protection throughout the primary lease term. The NNN structure places responsibility for taxes, insurance, and a significant amount of the maintenance on the tenant, allowing for truly passive ownership.

Highlights

  • $66,192 NOI
  • 10% cap rate
  • 12,650 SF on 6.29 Acres
  • 2 Warehouse Buildings (4,000 SF & 6,000 SF)
  • 2,250 SF Office Building
  • 3% annual escalations
  • 3-Phase Power Accessible
  • 4,000 SF Covered Shed (Not Included in Total SF)
  • 5-year NNN Lease Term
  • Fully Fenced
  • Highway Frontage
  • Multiple Overhead Doors
  • Stable and reliable tenant

Contacts

Justin Dodd

NRG Realty Group

Location

Located at 1321 NE 14th Ave, Perryton, TX 79070, this property is part of the Perryton neighborhood.

Contact Listing Broker
Justin Dodd

NRG Realty Group

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