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Stable Tenant 10% Cap Rate Investment 1321 14th Ave 12,650 SF 100% Leased Industrial Building Perryton, TX 79070 $661,920 ($52.33/SF) 10% Cap Rate



Investment Highlights
- 3% annual escalations
- 10% cap rate
- 3-Phase Power Accessible
Executive Summary
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.
Property Facts
| Price | $661,920 | Lot Size | 6.29 AC |
| Price Per SF | $52.33 | Rentable Building Area | 12,650 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 10% | Year Built/Renovated | 1980/2003 |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 6 |
| Price | $661,920 |
| Price Per SF | $52.33 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Industrial |
| Lot Size | 6.29 AC |
| Rentable Building Area | 12,650 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2003 |
| No. Drive In / Grade-Level Doors | 6 |
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Property Taxes
| Parcel Number | 060004000000000000 | Improvements Assessment | $272,165 |
| Land Assessment | $45,210 | Total Assessment | $317,375 |
Property Taxes
Parcel Number
060004000000000000
Land Assessment
$45,210
Improvements Assessment
$272,165
Total Assessment
$317,375
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Stable Tenant 10% Cap Rate Investment | 1321 14th Ave
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