Contacts

Justin Dodd
NRG Realty Group
Property Details
- Property Type Industrial - Warehouse/Distribution
- Property Size 7,500 SF
- Lot Size 1.5 Acre
- Year Built 2008
- Date Updated Apr 28, 2025
- HVAC None
The property is located on the corner of 12th Ave SW and S Main St in Stanley, ND. This location is near two major roadways; US Route 2 and Hwy 8.NRG Realty Group is pleased to have been retained exclusively to market 114 12th Ave SW, in Stanley, ND, along with its future associated lease via sale-leaseback and eventual tenant, Q2 Artificial Lift Systems, LLC (the "Property"). Q2 Artificial Lift Systems was founded in 2016 and specializes in the sales, service, engineering, and manufacturing of downhole reciprocating pumps. They operate over 40 repair and service locations across Western Canada and the United States, with a state-of-the-art 118,000 sq. ft. manufacturing facility in Red Deer, Alberta where its headquarters are located. Q2 Artificial Lift Services is backed by Pelican Energy Partners, a private equity firm specializing in energy investments.
This acquisition includes the subject property totaling 7,500 square feet and situated on 1.25 acres of land. The Property is located on the south side of Stanley off Hwy 2 which allows for very valuable and desirable frontage.
This investment presents a compelling opportunity to acquire an industrial property occupied by Q2 Lift Systems through a sale-leaseback transaction, ensuring long-term stability with a well-established tenant. The lease structure offers strong financial returns, beginning with a double-digit cap rate of 10.25% and averaging 10.89% throughout the primary term. The key highlights include a low-basis investment with high yield potential, providing significant upside. Secondly, it'd be a 60-month primary lease term with 3% annual rent escalations, ensuring consistent income growth. Additionally, there are two (2) 36-month renewal options, offering long-term tenancy security. Lastly, it's an industrial asset backed by a strong operating business, reducing investment risk.
In conclusion, with a favorable entry price and stable cash flow, this asset delivers an attractive risk-adjusted return for investors seeking high-yield real estate opportunities with built-in growth potential.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- 1,500 SF Office
- 5-year term with 3% annual escalations
- 6,000 SF Warehouse
- 7,500 SF on 1.25 Acres
- Concrete Slab Surrounded Ample Paved Parking
- High-Quality Metal Build
- Prime industrial area of Stanley, ND
- Stable and Reliable Tenant
Getting around
-
Walk Score ®
-
Bike Score ®
Powered by Walk Score ®
Location
- City Stanley, ND
- Zip Code 58784
Points of Interest
-
Stanley
0.86 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker

Justin Dodd
NRG Realty Group