Listed by Bang Realty, Friedman Real Estate
$5,419,000
2003 S Merritt Rd
Details
APN 0000-36-011-022-0-005-01
Property Type Industrial
Sub Type Manufacturing
Square Footage 25,541
Cap Rate 8.00%
Occupancy 100%
Lease Type NNN
Price per SqFt $212
Year Built 2008
Stories 1
Acreage 14.320
Zoning C2
Ceiling Height 24
Industrial | 8.00% CAP | 25,541 SF
Marketing description
For Sale
Investment highlights
- 100% 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
- 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
Listing Contacts
Listed by Bang Realty, Friedman Real Estate
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