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Stabilized Industrial Sale-Leaseback Facility
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1321 NE 14th Ave, Perryton, TX 79070

Stabilized 12,650 SF industrial facility on 6.29 acres is leased on a new 5-year NNN basis.

Property Size12,650 SF
Lot Size6.29 Acres
Days on Market111

Property Features for 1321 NE 14th Ave

General Information

Standard status Active
Size 12,650 SF
Lot size 6.29 Acres
Property subtype Industrial

Additional Details

Cap Rate 10%
Listing Agency: NRG Realty Group
Listed By: Justin Dodd · License #9004023
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 4:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group

Investment Insights

Based on property information with market context.

NRG Realty Group presents a stabilized industrial investment featuring a 12,650 SF mission-critical facility on 6.29 acres. The property is leased to Q2 Artificial Lift Systems, a growing company serving the energy sector with specialized artificial lift solutions.

The offering is structured as a sale-leaseback with a new 5-year NNN lease and annual rent escalations. The lease commences with an initial monthly rent of $5,516 on a NNN basis and includes 3% annual rent increases throughout the primary lease term. Under the NNN structure, responsibility for taxes, insurance, and a significant amount of maintenance is placed on the tenant, reducing the landlord’s operational obligations.

The property is located at 1321 NE 14th Ave in Perryton, Texas.

Key Highlights

  • 12,650 SF mission‑critical industrial facility on 6.29 acres in Perryton, TX
  • Leased to Q2 Artificial Lift Systems under a new 5‑year NNN lease (sale‑leaseback)
  • Initial monthly rent starts at $5,516 on a NNN basis with 3% annual rent escalations

Property Analytics

Current Use

Gorman-Phillips Construction Construction Company

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store Gym & Fitness Center Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 79070, TX

9,671
Population
4,210
Households
2.3
Avg Household Size
34
Median Age
19%
College-Educated
81%
High-School Grad
865.1 sq mi
ZIP Area
11
Density / Sq Mi
$64,988
Median Household Income
$44,279
Median Earnings
$905
Median Rent
$135,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Stabilized 12,650 SF industrial facility on 6.29 acres is leased on a new 5-year NNN basis.
Where is this nnn property located?
The property is located at 1321 NE 14th Ave Perryton, TX.
What are key features of this property?
This property features: 12,650 SF mission‑critical industrial facility on 6.29 acres in Perryton, TX; Leased to Q2 Artificial Lift Systems under a new 5‑year NNN lease (sale‑leaseback); Initial monthly rent starts at $5,516 on a NNN basis with 3% annual rent escalations
(432) 363-4777 Call to check price and availability
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