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For Sale

2007 S Merritt Road, Elk City, OK for sale

2007 S Merritt Road,
Elk City, OK 73644

Asset Snapshot

Offering Summary

Investment Overview

The tenant is Great White Energy Services (Great white), an Oklahoma City- based, wholly owned subsidiary of Archer Limited (OSE: ARCHER) (Archer), an international oilfield service provider. Great White provides pressure control services, directional drilling, and pressure pumping to mid-size exploration and production companies, and leases 16 buildings throughout Oklahoma, Texas, Wyoming, Michigan and West Virginia.


Investment Highlights

  • Multiple buildings
  • Conference and training room
  • 16' clear height
  • 12 - 12'x16' drive in power doors
  • Free span
  • One, 10-ton crane
  • T-5 lighting
  • Radiant heat tubes
  • Fenced concrete and asphalt yard
  • Two, five-year renewal options, under the same terms and conditions as the original lease
  • Absolute NNN: tenant is responsible for all repairs and improvements
  • Attractive annual rental increases

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Listing Syndicated From

Buildout
For Sale
$3,630,007
Asking Price