Manufacturing and Distribution
For Sale
Contact for pricing
Pending
3427 Garden City Hwy, Midland, TX 79706
Fully occupied industrial facility supports engineering, manufacturing, warehousing, technical support, software development, and local service operations.
Property Size293,000 SF
Lot Size45.90 Acres
Days on Market141
Property Features for 3427 Garden City Hwy
General Information
Standard status
Pending
Size
293,000 SF
Lot size
45.90 Acres
Property subtype
Industrial
Occupancy
100%
Net Operating Income
$2,637,000
Building Details
Building Size
293,000 SF
Tenancy
Single
Listing Agency:
Newmark | Chicago - 500 West Monroe St.
(312) 224-3186
Listed By:
Andrew Sandquist · License #475.138606
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 9:05PM
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 Newmark | Chicago - 500 West Monroe St.
Investment Insights
Based on property information with market context.
Located at 3427 Garden City Hwy in Midland, Texas, this approximately 293,000-square-foot facility occupies 45.90 acres and supports a broad range of industrial operations. The property accommodates engineering, manufacturing, technical support, software development, warehousing, and local service functions serving the downhole rod pump industry.
Q2 Artificial Lift Services LLC occupies the facility under a 20-year absolute net lease with annual rental escalations of 2.50%. The property is fully occupied by Q2, which manufactures downhole reciprocating pumps and related components and provides equipment, service, and technical support to customers throughout North America. The facility was acquired in March 2025 as part of Q2’s purchase of Lufkin NAM’s downhole pump division.
Q2 Artificial Lift Services LLC occupies the facility under a 20-year absolute net lease with annual rental escalations of 2.50%. The property is fully occupied by Q2, which manufactures downhole reciprocating pumps and related components and provides equipment, service, and technical support to customers throughout North America. The facility was acquired in March 2025 as part of Q2’s purchase of Lufkin NAM’s downhole pump division.
Key Highlights
- Approximately 293,000 square feet on 45.90 acres
- 20‑year absolute net lease with 2.50% annual rental escalations
- Fully occupied by Q2 Artificial Lift Services LLC
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 79706, TX
31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully occupied industrial facility supports engineering, manufacturing, warehousing, technical support, software development, and local service operations.
Where is this manufacturing property located?
The property is located at 3427 Garden City Hwy Midland, TX.
What are key features of this property?
This property features: Approximately 293,000 square feet on 45.90 acres; 20‑year absolute net lease with 2.50% annual rental escalations; Fully occupied by Q2 Artificial Lift Services LLC
