INDUSTRIAL PROPERTY FOR SALE MORE INFORMATION AVAILABLE ONLINE: www.newmarklsb.com KRIS DAVIS, SIOR Senior Vice President T 405.286.6153 C 405.202.9525 kgdavis@newmarklsb.com BRETT PRICE, CCIM, SIOR Senior Vice President T 405.606.7153 C 405.613.8380 bprice@newmarklsb.com
INDUSTRIAL PROPERTY FOR SALE CONFIDENTIALITY/DISCLAIMER All materials and information received or derived from Newmark Grubb Levy Strange Beffort its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither Newmark Grubb Levy Strange Beffort its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significance to such party. Newmark Grubb Levy Strange Beffort will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Newmark Grubb Levy Strange Beffort makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Newmark Grubb Levy Strange Beffort does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Newmark Grubb Levy Strange Beffort in compliance with all applicable fair housing and equal opportunity laws. www.newmarklsb.com OKLAHOMA CITY 204 N. Robinson, Suite 700 Oklahoma City, OK 73102 405-840-1500 TULSA OFFICE 2021 S. Lewis, Suite 410 Tulsa, OK 74104 918-481-3200
TABLE PROPOSAL OF CONTENTS FOR COMMERCIAL SERVICES 1. PROPERTY INFORMATION 4 Executive Summary 5 Survey 6 Site Plan 7 2. LOCATION INFORMATION 8 Regional Map 9 Aerials 10 3. ADVISOR BIOS 12 Kris Davis, SIOR 13 Brett Price, CCIM, SIOR 14 www.newmarklsb.com OKLAHOMA CITY 204 N. Robinson, Suite 700 Oklahoma City, OK 73102 405-840-1500 TULSA OFFICE 2021 S. Lewis, Suite 410 Tulsa, OK 74104 918-481-3200
INDUSTRIAL PROPERTY FOR SALE SECTION 1 PROPERTY INFORMATION
SECTION 1. PROPERTY INFORMATION OFFERING SUMMARY Sale Price: $1,400,000 Building Size: 60,000 SF Price / SF: $23.33 Lot Size: 8 Acres Grade Level Doors: 12 Dock High Doors: 1 PROPERTY OVERVIEW This property, consisting of six buildings, is located less than 5 miles from I-44 and approximately 10 miles from Will Rogers World Airport. The property offers ample outside storage with grade and dock level access. PROPERTY HIGHLIGHTS Paved and graveled yard Sprinkler system 528' frontage along S Main St. Easy access to I-44 Clear Height: 12' - 18' Year Built: 1988-2004 Zoning: Submarket: Cross Streets: CC-2 South OKC Rural S Main St. & SW 20th St. Page 5
SECTION 1. PROPERTY INFORMATION Page 6
SECTION 1. PROPERTY INFORMATION Page 7
INDUSTRIAL PROPERTY FOR SALE SECTION 2 LOCATION INFORMATION
SECTION 2. LOCATION INFORMATION Page 9
SECTION 2. LOCATION INFORMATION Page 10
SECTION 2. LOCATION INFORMATION Page 11
INDUSTRIAL PROPERTY FOR SALE SECTION 3 ADVISOR BIOS
SECTION 3. ADVISOR BIOS KRIS DAVIS, SIOR Senior Vice President Newmark Grubb Levy Strange Beffort 204 N. Robinson, Suite 700 Oklahoma City, OK 73102 T 405.286.6153 C 405.202.9525 F 405.463.3237 kgdavis@newmarklsb.com Professional Background Professional Summary Since joining Newmark Grubb in 2006, Kris has specialized in sales and leasing of industrial land, warehouses, distribution centers and general industrial properties. Over the course of his career he has further established himself as a leader providing service in the development of industrial business parks, build-to-suit projects & the real estate needs of industrial markets. Kris s primary focus is to utilize his knowledge, experience and resources to provide a proven, comprehensive marketing system for sellers and landlords and to give advantage to buyers and tenants by supplying conclusive data and identifying key drivers to equip them with a complete, progressive approach to meeting their specific real estate needs and objectives. Mr. Davis is a member of the elite Society of Industrial and Office Realtors (SIOR). The SIOR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history. Due to its eligibility qualifications, there are currently only 2,800 members in this distinguished organization worldwide. Kris s experience with the Oklahoma City Industrial Market began eleven years ago in the Staffing Industry. There he specialized in negotiations and staffing services for large industrial companies in the metro. He also served as an industry consultant to smaller staffing companies, guiding them in adjusting their procedures to facilitate high volume accounts with streamline efficiency. This role allowed him to develop long lasting relationships with company officers and owners, both large and modest sized, and laid the strong foundation on which he continues to build upon and cultivate his reputation for continually producing operative, fiscal solutions for the client. Partial Client List Schlumberger Key Energy Services Vaughn Foods BioMet Cooley Construction Fabriclean Supply Company JOBO, LLC Naifco Realty Sherwin Williams Stabil Drill Universal Trailers Weatherford Drilling Notable Sale or Lease Transactions Multiple Property Package, Oklahoma City, Naifco Realty, $7,500,000.00 6601 S. Air Depot, Oklahoma City, Vaughn Foods, $2,260,668.00 1515 McCurdy, Duncan, DAEDF, $2,000,000.00 4901 S. Council Rd, Oklahoma City, JOBO, LLC $1,475,000.00 1120 E. Hwy. 152, Mustang, Ellison Investments, $1,000,000.00 70.31 Ac Reno & Sara, Oklahoma City, CBK, LLC, $925,000.00 10701 NW 2nd, Oklahoma City, Redback Energy, $915,000.00 10609 NW 2nd, Oklahoma City, Pure Energy, $405,000.00 Memberships & Affiliations CREC Industrial Sale of the Year, OKC, OK, 2016 CREC Industrial Lease of the Year, OKC, OK, 2016 CoStar Top Industrial Leasing Broker, OKC, OK, 2016 Member, Society of Industrial and Office Realtors (SIOR) Member, Oklahoma Commercial Real Estate Council (CREC) Member, CREC Planning Committee Page 13
SECTION 3. ADVISOR BIOS BRETT PRICE, CCIM, SIOR Senior Vice President Professional Background Brett Price, CCIM, SIOR serves as Senior Vice President of Newmark Grubb Levy Strange Beffort, specializing in the leasing and sales of industrial properties in Oklahoma. Over the past five years, he has closed over $260M in transactions. Mr. Price is a member of the elite Society of Industrial and Office Realtors (SIOR). The SIOR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history. Due to its eligibility qualifications, there are currently only 2,800 members in this distinguished organization worldwide. Brett also holds the prestigious Certified Commercial Investment Member (CCIM) designation, which only 6 percent of all commercial brokers in the nation currently hold. Brett earned a Bachelors degree in Entrepreneurship with a minor in Finance from Michael F. Price School of Business at the University of Oklahoma. Newmark Grubb Levy Strange Beffort 204 N. Robinson, Suite 700 Oklahoma City, OK 73102 T 405.606.7153 C 405.613.8380 F 405.772.7486 bprice@newmarklsb.com Select Industrial Sale Transactions Multiple addresses, Tulsa, OK, Thackeray Portfolio, 523,624 SF, $22,500,000 Multiple addresses, Tulsa, OK, Airpark Distribution Center, 300,000 SF, $20,930,000 Multiple addresses, Arlington, TX, Arlington Portfolio, 455,331 SF, $17,111,500 8301 N I-35 Service Rd., ShurTech Distribution Center, 280,000 SF, $17,000,000 Multiple addresses, OKC/Tulsa Portfolio, 377,570 SF, $16,700,000 4800 Partnership Dr., Crest Warehouse, 220,000 SF, $9,000,000 11300 Partnership Dr., Iron Mountain Warehouse, 144,990 SF, $8,150,000 6601 S Air Depot Blvd., PODS Warehouse, 144,000 SF, $7,600,000 4401 E Hefner Rd., Kellogg Warehouse, 100,000 SF, $6,600,000 311 NW 122nd St., Jasco Warehouse, 180,620 SF, $6,200,000.00 Select Industrial Lease Transactions 1609 B SE Grand, AAR Supply Chain, 131,400 SF 4680 NW 3rd St., Pratt Corrugated Holdings, Inc., 107,100 SF 5101 S Council Rd., Reel Power, 98,280 SF 4401 E Hefner Rd., Kellogg, 69,634 SF 315 S Hudiburg Circle, CMI, 58,446 SF 3500 N Santa Fe Ave., Cytovance Biologics (Build-to-Suit), 30,000 SF Memberships & Affiliations Journal Record Achievers Under 40-2014 Newmark Grubb Top Producer - 2013, 2014 & 2015 NAIOP Industrial Sale of the Year, Tulsa, OK - 2015 CREC Industrial Sale of the Year, OKC, OK - 2013, 2015 & 2016 CREC Industrial Lease of the Year, OKC, OK - 2016 CoStar Top Industrial Leasing Broker, OKC, OK - 2016 Society of Industrial and Office Realtors (SIOR) Certified Commercial Investment Member (CCIM) Member of the Oklahoma Commercial Real Estate Council (CREC) Active Big Brother since 2010 for Big Brothers Big Sisters of Oklahoma LOYAL Class II Graduate (LOYAL is a Subsidiary of Leadership OKC and is a Network of Young Professionals) Page 14