Fenced Flex Industrial
For Sale
$5,419,000
2003 S Merritt Road, Elk City, OK 73644
Build-to-suit facility with office, warehouse, and wash bay components under an NNN lease.
Property Size25,541 SF
Lot Size14.32 Acres
Price / SF$212.17
Days on Market92
Property Features for 2003 S Merritt Road
General Information
Standard status
Active
Size
25,541 SF
Lot size
14.32 Acres
Property subtype
Industrial
Zoning
C2
Occupancy
100%
Financials
Asking Price
$5,419,000
Cap Rate
8%
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
24 ft
Office Build-Out
5,643 SF
Drive-In Doors
16
Building Details
Building Size
25,541 SF
Year Built
2008
Buildings
3
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listing Agency:
Bang Realty
(586) 243-4260
Listed By:
Bruce A. Morrison · License #BR691523000
(586) 243-4260
Source:
Friedmanrealestate
Added: Jun 2
Changed: Aug 31
Last Checked: Aug 31 at 1:27PM
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 Bang Realty
Investment Insights
Based on property information with market context.
This 25,541-square-foot flex industrial property was completed in 2008 as a build-to-suit facility for Great White Pressure Control LLC. The improvements comprise a 5,643-square-foot office building, a 17,000-square-foot office/warehouse, and a 2,898-square-foot wash bay. The site includes outdoor storage, perimeter fencing with a gate, a concrete parking lot, and a detention pond. Building features include 16 drive-in doors, 24-foot clear height, two crane rails, and one 10-ton crane. Office area represents 37% of the total building area.
The property is located in Elk City, Oklahoma, approximately half a mile from the full interchange at I-40 and one mile from State Hwy 6. It is fully leased under an NNN structure with a 20-year lease term, two 5-year options, annual CPI increases, and a 2% management fee.
The property is located in Elk City, Oklahoma, approximately half a mile from the full interchange at I-40 and one mile from State Hwy 6. It is fully leased under an NNN structure with a 20-year lease term, two 5-year options, annual CPI increases, and a 2% management fee.
Key Highlights
- 25,541 SF across three buildings on 14.32 acres
- 100% leased to Great White Pressure Control LLC
- 16 drive‑in doors and 24‑foot clear height
Property Analytics
Current Use
Lease Details
24 ft
Clear height
16
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73644, OK
14,198
Population
7,256
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
90%
High-School Grad
185.2 sq mi
ZIP Area
77
Density / Sq Mi
$51,774
Median Household Income
$36,620
Median Earnings
$844
Median Rent
$167,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Build-to-suit facility with office, warehouse, and wash bay components under an NNN lease.
Where is this flex space located?
The property is located at 2003 S Merritt Road Elk City, OK.
What is the asking price?
The asking price for this property is $5,419,000.
What are key features of this property?
This property features: 25,541 SF across three buildings on 14.32 acres; 100% leased to Great White Pressure Control LLC; 16 drive‑in doors and 24‑foot clear height
