3427 E State Highway 158 - Industrial FOR SALE


Midland, TX 79706
$7,200,000 USD
214-534-7976
3427 E State Highway 158, Midland, TX for Sale
$7,200,000 USD
Industrial - FOR SALE
1/13
null | 8% Cap Rate

3427 E State Highway 158
Midland, TX 79706


HIGHLIGHTS

  • 10-year NNN Lease Term, Stable Tenant
  • $576,000 NOI | 8.00% Cap Rate
  • ±119,747 SF on 5 acres
  • (1) 5-ton Crane

OVERVIEW

NRG Realty Group is pleased to present the opportunity to acquire the US operational headquarters for Q2 Artificial Lift Services in Midland, TX. This mission critical corporate campus serves all administrative, office, and central warehousing and service for Q2's downhole pump business in the US. The improvements consist of 5 buildings spanning 119,747 SF across 14.98 acres. Q2 has consolidated operations into the campus since acquiring the artificial lift business of Lufkin Industries in March of 2025 with the campus serving multiple functions including training, supply and inventory, as well as local fabrication and service. The pump repair shop is one of the largest in the Permian Basin. Q2 is proposing a 10-year NNN sale-leaseback transaction on the site.

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stable Tenant 8.00% Cap Rate Investment

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

-

APN/PARCEL ID

-

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.