1321 14th Ave - Industrial FOR SALE


Perryton, TX 79070
$661,920 USD
214-534-7976
1321 14th Ave, Perryton, TX for Sale
$661,920 USD
Industrial - FOR SALE
1/12
null | 10% Cap Rate

1321 14th Ave
Perryton, TX 79070


HIGHLIGHTS

  • 3% annual escalations
  • 3-Phase Power Accessible
  • 10% cap rate

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$661,920 USD

PRICE/SF

$52 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stable Tenant 10% Cap Rate Investment

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.29

LAND SF

273,992

ZONING

-

APN/PARCEL ID

060004000000000000

ASK ABOUT THIS PROPERTY

Justin DoddNRG Realty Group, LLCMore Info
214-534-7976

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Justin DoddNRG Realty Group, LLCMore Info
214-534-7976

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.