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 Features for 1321 NE 14th Ave
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Based on property information with market context.
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
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Location Intelligence
Trade Area within ½ mile
Demographics for 79070, TX
Market
Vacancy Rate% for Industrial in South region