2003 S Merritt Rd - Warehouse FOR SALE


Elk City, OK 73644
$5,419,000 USD
586-243-4260
2003 S Merritt Rd, Elk City, OK for Sale
$5,419,000 USD
Warehouse - FOR SALE
1/18
null | 8% Cap Rate

2003 S Merritt Rd
Elk City, OK 73644


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.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,419,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Lighting, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

14.96

LAND SF

651,494

ZONING

-

APN/PARCEL ID

0000-36-011-022-0-005-01

ASK ABOUT THIS PROPERTY

Bruce MorrisonFriedman Real EstateMore Info
586-243-4260

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Bruce MorrisonFriedman Real EstateMore Info
586-243-4260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.