2007 S Merritt Rd Elk City, OK 73644
Industrial property in Elk City, Oklahoma, with attractive lease terms.
Source:
Tcnworldwide
Listing Agent: Andrew Holder
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Elk City Industrial Investment Property
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.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Elk City
- County
- Beckham
- State
- Oklahoma
- Longitude
- -99.505423
- Latitude
- 35.36279
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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 Rd 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.
