National Commercial Auctioneers to Conduct Absolute Real Estate Auction of Income-Producing Investment Properties in Oklahoma City


OKLAHOMA CITY, Feb. 16, 2012 (GLOBE NEWSWIRE) -- National Commercial Auctioneers [www.natcomauctions.com] announces the absolute real estate auction of two income producing businesses in Oklahoma City, Okla., on March 9, 2012, at 11am local time, according to Stephen Karbelk, CAI, AARE, CEO and founder.

"These properties are currently operating as a high-quality drive-thru car wash and convenience store," said Karbelk. "This is an excellent opportunity to purchase income-producing properties in a high-traffic area at auction prices."

Located on 2 acres at 900 and 940 North Council in Oklahoma City, the properties are just south of 10th and Council. Both have sprinkler and security systems and are zone C-3 commercial.

The full-service automatic car wash facility with 12-foot ceilings and three restrooms was completed in 2008 with top-of-the-line equipment. A separate building houses a complete auto detail center. Combined square footage of the buildings is approximately 7,384.

The full-service convenience store is 730 square feet with one restroom and walk-in coolers.

"These two properties will be sold separately to the highest bidder," explained Karbelk. "Both the car wash and the convenience store are excellent investment properties located side-by-side in a high-traffic area in Oklahoma City."

Broker participation is encouraged. Property may be inspected during scheduled previews or by appointment. The auction will be conducted on-site. For more details on how to receive the property information package and complete terms visit www.natcomauctions.com or call (877) 895-7077.

National Commercial Auctioneers is a national commercial property auction company dedicated to the sale of commercial property for commercial lenders, bankruptcy trustees, private equity funds, and public and private companies throughout the United States. NCA has the knowledge and expertise to effectively deliver a market driven auction for every kind of commercial property.

The National Commercial Auctioneers logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11154



            

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