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

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 mission-critical facility leased to Q2 Artificial Lift Systems, an established operating company, under a new 5-year NNN lease with annual rent escalations. The property is offered at an attractive 10% capitalization rate, providing investors with strong initial cash flow, predictable income growth, and minimal landlord responsibilities.
The investment benefits from a newly structured sale-leaseback with Q2 Artificial Lift Systems, a growing company serving the energy sector with specialized artificial lift solutions. As an owner-operator, the tenant has a vested interest in the long-term functionality and upkeep of the property, significantly reducing vacancy risk. 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.
The underlying real estate consists of a 12,650 square foot industrial campus situated on an expansive 6.29-acre site, providing both immediate utility and long-term flexibility. The improvements include three separate buildings: a 2,250 square foot office building, a smaller 4,000 square foot warehouse building, and a larger 6,000 square foot warehouse building. This functional mix of office and warehouse space is well-suited for industrial, service, or logistics-oriented users, supporting the tenant’s operational needs while maintaining strong re-tenanting potential. The large land component adds intrinsic value, offering excess yard space, future expansion potential, or alternative uses, which enhances downside protection.
Located in Perryton, Texas, the property serves as a regional industrial asset within the Texas Panhandle, a market supported by energy, agriculture, and industrial activity. The combination of stable tenancy, a strong yield, and a flexible, well-located property makes this offering an attractive opportunity for investors seeking durable income with minimal management and meaningful long-term value.