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- LoopNet Team
1220 Sovereign Row
Oklahoma City, OK 73108
Federal Government Facility · Office Property For Sale
Property Facts
Amenities
- Fenced Lot
About 1220 SOVEREIGN ROW , OKLAHOMA CITY, OK 73108
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.
Property Taxes
| Parcel Number | 149882500 | Improvements Assessment | $168,473 |
| Land Assessment | $10,656 | Total Assessment | $179,129 |
Property Taxes
