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North Dakota
United States of America
9/9/16 Auction: Commercial Property with 9 Acres Auction

Auction Location: 9055 E. Hwy 270 McAlester, OK. 74501 United States

(From the intersection of Hwy 270 & 69 in McAlester, OK. go 7 miles east to auction location (watch for signs)

This commercial property is located just 7 miles east of McAlester, Oklahoma with good Hwy 270 frontage and access off Tucker Lane. The lot consists of approximately 9 acres that is graveled, pipe fenced, security lighted and large double gate entry. The property is improved with an office building (2,550 Sq.Ft.) with 6 offices, conference room, break room, 2 bathrooms, and large reception area. There are two CH/A systems, metal siding/roof, and is very nice inside and out. The main shop building, (40x80 w/10x30 attached storage room). There are 4- 14w x 16h overhead doors, office, overhead storage mezzanine and secured parts room/small tool room. The shop is insulated, electric wired, heated with 18 sidewalls and large enough doors to drive truck through. There is also a 40 x 100 pipe framed open face building with metal siding on 3 sides and an enclosed 30x 40 area with overhead door.

Current Lease: this property is currently leased by Advantage Energy Services LLC with a 2 year lease that matures June 7th 2017 with a monthly payment of $1,500.00. Lease is available to view under documents.

First Right of Refusal: The current lease carries a First Right of Refusal that must be exercised within 10 days from the auction date or will be terminated.

Possession: will be given June 8th 2017

Minerals: selling surface rights only.

Utilities: Rural water, septic tank sewer system, natural gas

Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. First Right of Refusal must be exercised within 10 days of the auction date or First Right of Refusal will be terminated.

All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company or the seller. Buyers should satisfy themselves as to any inspections prior to bidding. Financing must be in order prior to bidding! Any announcements made the day of the auction supersede all advertising.

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