General Services Administration (GSA)
Oklahoma City, OK
14.75 Years Remaining
16,991 SQ FT
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
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.