Elk City Industrial Investment
2007 S Merritt Road Elk City, OK 73644
For Sale
$3,630,007
Industrial property in Elk City, Oklahoma, with attractive lease terms.
Days on Market141
Property Features for 2007 S Merritt Road
General Information
- Standard status
- Active
- Property subtype
- Office
Listing Agency:
Price Edwards and Company - Oklahoma City
(405) 408-5449
Listed By:
Danny Rivera
(405) 408-5449
Source:
Tcnworldwide
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 25 at 3:51AM
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 Price Edwards and Company - Oklahoma City
Investment Insights
Based on property information with market context.
This industrial property is located in Elk City, Oklahoma, approximately 115 miles west of Oklahoma City, with easy access from I-40 and 8 miles from the Elk City Regional Airport. The property features multiple buildings, a conference and training room, and a fenced concrete and asphalt yard. It includes 12 drive-in power doors, each measuring 12'x16', and offers a 16' clear height and free span construction. The property is equipped with one 10-ton crane, T-5 lighting, and radiant heat tubes. The tenant, Great White Energy Services, is responsible for all repairs and improvements under an absolute NNN lease. The lease includes two five-year renewal options under the same terms and conditions as the original lease, with attractive annual rental increases. Great White Energy Services is an Oklahoma City-based, wholly-owned subsidiary of Archer Limited, an international oilfield service provider, and leases 16 buildings throughout Oklahoma, Texas, Wyoming, Michigan, and West Virginia. Great White provides pressure control services, directional drilling, and pressure pumping to mid-size exploration and production companies.
Key Highlights
- Absolute NNN lease: Tenant handles all repairs and improvements.
- Tenant is Great White Energy Services, a subsidiary of Archer Limited (OSE: ARCHER), offering stable income.
- Attractive annual rental increases, ensuring growing returns.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial property in Elk City, Oklahoma, with attractive lease terms.
Where is this flex space located?
The property is located at 2007 S Merritt Road Elk City, OK.
What is the asking price?
The asking price for this property is $3,630,007.
What are key features of this property?
This property features: Absolute NNN lease: Tenant handles all repairs and improvements.; Tenant is Great White Energy Services, a subsidiary of Archer Limited (OSE: ARCHER), offering stable income.; Attractive annual rental increases, ensuring growing returns.
