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For Sale

2007 S Merritt Road, Elk City, OK for sale

2007 S Merritt Road,
Elk City, OK 73644
Represented by
Price Edwards and Company

Asset Snapshot

Community Center
Office Subtype

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

How it Works

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Listing Syndicated From

Buildout
For Sale
$3,630,007
Asking Price

Investment Sales Broker

Andrew Holder
Price Edwards and Company