FEDERAL GOVERNMENT FACILITY

Tenant

General Services Administration (GSA)

Location

Oklahoma City, OK

Price

Unstated

CAP Rate

Unstated

Lease Term

14.75 Years Remaining

Occupancy

100%

Building Size

16,991 SQ FT

Property Type

Office

Year Built

2018

Lot Size

1.43 Acres

Status

Under Contract

Property Contacts:

Travis Trautvetter

Vice Chairman

858 558 5609 | Email

Jake Trautvetter

Capital Markets

858 558 5624 | Email

Kari Fiske

Brokerage Coordinator

858 334 4032 | Email

SINGLE-TENANT FEDERAL GOVERNMENT FACILITY
100% Leased to the U.S. Federal Government – Moody’s Aaa credit rating

NEW 15-YEAR LEASE TERM
Long-term lease with GSA for new 15-year period

2018 BUILD-TO-SUIT CONSTRUCTION
Comprehensive 2018 redevelopment, built according to tenant-specific requirements

MISSION-CRITICAL FACILITY 

HIGH-SECURITY, SPECIALIZED BUILDING

STRATEGIC LOCATION IN OKLAHOMA CITY – 41ST LARGEST MSA IN UNITED STATES
Situated within the same block as US Customs and Border Protection, and in close proximity to downtown and Will Rogers World Airport in Oklahoma City, the 41st largest metro area in the United States with nearly 1.4 million residents

U.S. Federal Government facility in Oklahoma City is a single-tenant, 16,991 square foot building that was comprehensively redeveloped with completion in December 2018.

This facility is leased via a new 15-year term with the General Services Administration (GSA), and is guaranteed by the United States of America, which has a credit rating of Aaa from Moody’s Investors Service. The GSA has a long-standing reputation as a tenant with one of the highest possible renewal probabilities in the commercial real estate industry. Historical data published by the GSA regarding their portfolio of over 8,000 leases nationwide reflects a retention rate which typically exceeds 95%.

The subject property benefits from a central location in Oklahoma City, strategically located within the same block as the U.S. Customs and Border Protection facility, and a short distance from downtown Oklahoma City and the Will Rogers World Airport. Oklahoma City is the 41st-largest metro area in the United States, with a population of nearly 1.4 million residents.