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2003 S Merritt Rd
Elk City, OK 73644
Industrial Property For Sale


Investment Highlights
- Half mile to full interchange at I-40, one mile to State Hwy 6
- 16 drive in doors, 37% office, 24 foot clear height, two crane rails, one 10 ton crane.
Executive Summary
00% Leased Industrial Building For Sale - $5,419,000 (8% Cap, $212 PSF). 25,541 SF - Built in 2008. Elk City, OK (106 Miles West of Oklahoma City). Tenant is Great White Pressure Control LLC. The facility was a Build-to-suit for the current tenant. 3 buildings: 5,643 SF Office, 17,000 SF Office/Warehouse, 2,898 SF Wash Bay. 14.32 acres, Outdoor storage, perimeter fencing and gate, concrete parking lot and detention pond. Lease Commenced April 2007, 20 year lease term, two 5 year options, annual CPI increases, NNN lease including roof and structure and 2% management fee.
Property Facts
| Sale Type | Investment NNN | Rentable Building Area | 25,160 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1981/2007 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 3.18/1,000 SF |
| Lot Size | 14.96 AC | Clear Ceiling Height | 16’ |
| Sale Type | Investment NNN |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 14.96 AC |
| Rentable Building Area | 25,160 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1981/2007 |
| Tenancy | Single |
| Parking Ratio | 3.18/1,000 SF |
| Clear Ceiling Height | 16’ |
Amenities
- Fenced Lot
Utilities
- Lighting
- Heating
Property Taxes
| Parcel Number | 0000-36-011-022-0-005-01 | Improvements Assessment | $218,731 CAD |
| Land Assessment | $23,667 CAD | Total Assessment | $242,397 CAD |
Property Taxes
Parcel Number
0000-36-011-022-0-005-01
Land Assessment
$23,667 CAD
Improvements Assessment
$218,731 CAD
Total Assessment
$242,397 CAD
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