DEADHORSE HANGAR DEADHORSE GRAVEL PAD

FOR LEASE

FOR FURTHER INFORMATION,

CONTACT:

Brian Edmondson Jack White Commercial

3801 Centerpoint Dr. Suite 101

Anchorage, AK 99503 Office: 907.762.7588 Cell: 907.242.7801

Email: brian@commercialak.com www.commercialak.com

HANGAR: x� 10,825 SF hanger x� 2,155 SF office/mechanical/shop/RR x� 24,000 SF land x� Zoned Industrial (Aviation) x� $5.05 SF/month full service OR x� $3.51 SF/month NNN GRAVEL PAD: x� Approximately 3.5 acres x� $8,000/month per acre NNN x� Owner will consider Build-To-Suit

Property Summary ƒ Deadhorse Hangar

The Deadhorse Hangar is located at 500 Airport Way, immediately off the tarmac/taxiway of the Deadhorse Airport. The property is offered for lease for $5.05 per square per month foot, full service or $3.51 per square foot per month triple-net.

Heat within the main hangar area and mechanical room is provided by hanging (wall & ceiling mounted) gas-fired unit heaters. Heat within the office areas and restroom is provided by enclosed hot-water base-board heaters. The heat recovery time after aircraft ingress/egress is approximately 15-20 minutes.

The property improvements consist of a rectangular high quality metal-constructed hangar containing ap-proximately 12,980 gross square feet and measuring 125’ X 90’. As per the existing build out, the premises is broken down as follows: Hangar Area: 10,825 Office: 940 Mechanical Room: 540 Shop/Clean Room: 575 Restroom: 100 Total: 12,980 The land is approximately 24,000 square feet zoned Industrial (Aviation). Additional land can be negoti-ated. The structure was originally designed to house Conoco Phillips Shared Services and was constructed in 2003. The design, construction, and condition of the improvements are all high quality. The structure consists of steel frame and metal siding. The floor is a concrete slab built on steel pile over 8 thermo-syphons running north to south. The floor is sloped towards two trench drains with oil & water separators. For the safety of aircraft mechanics/technicians, a “fall safety protection system” has been in-stalled. Interior wall height is approximately 30’. The electrical supply is 3-Phase power with 208-volt service. There is a 78’ x 24’ “bi-fold” overhead door at the south side of the building providing immediate service for aircraft to and from the tarmac. On the north side of the building, there is a 12’ x 14’ overhead door and on the east side of the building, a 10’ x 12’ overhead door.

Salient Facts ƒ Deadhorse Hangar

Physical Address: 500 Airport Way, Deadhorse, Alaska Owners: Carlile Transportation Systems, Inc. Authorized Uses: Operation of a hangar facility; operation of a

terminal/office building for airline business including a commercial carrier terminal

Year Constructed: 2003 Approx. Bldg. Sq. Ft.: 12,980 Floors and Foundation: 6” concrete slab supported by 8” pipe pile with

rigid frame. Door Specification: South side: 78’ x 24’ “bi-fold” door East side: 10’ x 12’ overhead door North side: 12’ x 14’ overhead door Wall Height: Interior wall height is approximately 30’ Electrical Power: 3-Phase power, 208 volt

Approximately 3.5 acres (of an approximate 6.43 acres measuring 560’ x 500’) gravel pad located in Deadhorse, Alaska, near the Deadhorse Airport. Authorized uses include: Construction and maintenance of a gravel pad; con-struction, maintenance and operation of a trucking terminal; parking tractor trail-ers; air cargo and trucking business operation, including vehicle parking and cargo and equipment storage. Telephone and electricity is adjacent to the site. The owner would consider a “build-to-suit development” for a long-term tenant. The lease price is $8,000 per month per acre triple-net.

Property Summary ƒ Deadhorse Gravel Pad

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Photos ƒ Deadhorse Hangar

Photos ƒ Deadhorse Hangar

Photos ƒ Deadhorse Gravel Pad

Location Map ƒ Deadhorse, Alaska

Disclaimer ƒ Deadhorse, Alaska

This property is listed with Jack White Commercial. Jack White Com-mercial, Brian Edmondson, represents the Owner. Although Jack White Commercial and Brian Edmondson, have en-deavored to include material information which they believe to be relevant for the purpose of helping a prospective tenant in its evalua-tion of the subject property for possible lease, the recipient of these marketing materials understands and acknowledges that neither the owner nor Jack White Commercial nor Brian Edmondson, makes any representation as to the accuracy or completeness of this marketing material. The recipient of this information is strongly encouraged to consult professional engineers, attorneys, accountants, and/or other professionals with regards to the accuracy and veracity of this infor-mation. The recipient of these marketing materials agrees that the owner, Jack White Commercial and Brian Edmondson, shall not have any liability to the recipient of these marketing materials as a result of their use. It is understood that the recipient is expected to perform, and is responsible for, such due diligence investigations and inspec-tions of the subject property, including investigation of any environ-mental conditions and accuracy of square footage, as the recipient deems necessary or desirable and as permitted by agreement with the owner. This property is offered subject to prior offers, price changes, and/or withdrawal from the market without notice to prospective tenant.

About This Pamphlet

In Alaska, a Real Estate Licensee is required by law to provide this pamphlet outlining the duties of a real estate licensee. Afteryou have read the information contained in this pamphlet, please acknowledge receipt by signing page 2 and return it to the realestate licensee who provided it to you. Your cooperation is appreciated.

There are four different types of relationships established by Alaska Real Estate Law:

x Specific Assistance - Licensee owes “Duties owed by a Licensee in all Relationships” as described in this pamphlet.

x Representation - Licensee owes “Duties Owed by a Licensee when Representing a Party" as described in this pamphlet.

x Designated Licensee - this occurs when a Licensee represents or provides specific assistance to a partyto a transaction and another Licensee within the same company represents or provides specificassistance to the other party in the same transaction.

x Neutral Licensee - this occurs when a Licensee does not represent either party but provides specificassistance to both parties in the same transaction. The parties must authorize the Neutral Licenseerelationship by signing the "Waiver of Right to be Represented” form.

Duties owed by a Licensee in all Relationships:

x Exercise reasonable skill and care; x Deal honestly and fairly; x Present all written communications in a timely manner; x Disclose all material information regarding the physical condition of a property; x Account for all money and property received.

Duties owed by a Licensee when Representing a Party:

x Duties owed by Licensee in all relationships listed above; x Not knowingly do anything that is adverse or detrimental to your interests; x Disclose all conflicts of interests to you in a timely manner; x If a matter is outside their area of expertise, advise you to seek expert advice; x Not disclose confidential information, even after the relationship ends, from or about you without written

permission, except under a subpoena or court order; x Make a good faith and continuous effort to accomplish your real estate goals. However, once you have

entered into a specific real estate transaction agreement, their efforts refocus on its successful completion.

Your Real Estate Licensee may also work with a variety of other clients (they represent) and customers (they provide specific assistance to) in different working relationships. In those situations, representing or providing specific assistance to other sellers, buyers, lessors, and lessees does not create a conflict of interest while working with you, or within the duties mentioned above.

Occasionally, as a Seller or Lessor, a situation may arise that your Real Estate Licensee also is representing another client (Buyer or Lessee) who then becomes interested in your property - or vise versa.

Prior to showing the property, the Real Estate Licensee must obtain a written approval to be a Neutral Licensee for both parties. A Licensee may not show property as a neutral licensee without obtaining your written consent entitled "Waiver of Right to Be Represented” and it will restate the duties outlined above and additional ones owed by your Real Estate Licensee. Alaska real estate law allows, but does not require, you to Preauthorize a Licensee to be a “Neutral Licensee.” Having a different designated Licensee working for a seller or lessor and for the buyer or lessee in the same real estate transaction does not create dual agency or a conflict of interest for the real estate broker or for a Licensee employed by the same real estate broker.

THIS DISCLOSURE PAMPHLET IS NOT A CONTRACT

Initials _____/_____

ALASKA REAL ESTATE COMMISSION CONSUMER PAMPHLET

-1-

Duties NOT owed by a Real Estate Licensee

Unless agreed in writing otherwise, the following are the duties your Real Estate licensee does not owe to you:

x To conduct an independent investigation of a property x To conduct an independent investigation of anyone's finances x To independently verify the reliability of the accuracy or completeness made by a party to a real estate transaction.x To show or search for properties without compensation.

THIS DISCLOSURE PAMPHLET IS NOT A CONTRACT.

-2-

The Licensee anticipates compensation to be paid by buyer/lessee, X seller/lessor, or both to the real estate brokers in the real estate transaction. I understand and acknowledge receiving and reading this pamphlet on the type of relationships I may have with the real estate Licensee (including the broker).

I understand and acknowledge that Brian Edmondson (Licensee) of Jack White Commercial (company) will be working with me under the following relationship:

Specific Assistance without Representation

X Representing the Seller/Lessor only (may assist Buyer/Lessee)

Representing the Buyer/Lessee only (may assist Seller/Lessor)

Under preauthorized Neutral Licensee (attached “Waiver of Right to be Represented”)

Date: Time:

Date: Time:

Date: Time: Real Estate Licensee

Jack White Commercial Real Estate Company

THIS DISCLOSURE PAMPHLET IS NOT A CONTRACT