Oklahoma Health Care Authority
8 Year Base Lease Term with 10 Years of Options | State of Oklahoma Guarantee
Marketing description
The Ficke Team of Colliers is pleased to present the exclusive investment opportunity to acquire the State of Oklahoma Campus located at 4345 N. Lincoln Boulevard in Oklahoma City, OK.
The State of Oklahoma Campus offers investors over 154,085 square feet of office space and is 100% leased to the Oklahoma Healthcare Authority (OHCA), Oklahoma Department of Corrections (DOC or ODOC), Oklahoma Pardon and Parole Board, and the Oklahoma Department of Mental Health and Substance Abuse Services (ODMHSAS) providing investors with a premium credit investment vehicle (S&P & Fitch AA+).
Originally serving as a Hotel & Conference center, the State of Oklahoma Campus was fully renovated and redeveloped in 2014 by renowned Oklahoma City developer, Gardner Tanenbaum Holdings. The property was built to the unique specifications and requirements of the State of Oklahoma which included a direct investment of over $8,000,000 to fund significant Tenant Improvements further illustrating the state’s commitment to this location and agency.
Oklahoma legislature requires that the tenant is geographically located within a 5 mile radius of the State Capitol Building which is conveniently positioned 2 miles to the South from the State of Oklahoma Campus. This strategic, state-selected location ensures investors will realize significant long-term benefits through the significant capital commitments demonstrated by the state and the continued growth of the OHCA as evidenced by the passage of ‘State Question 802’ on June 30th, 2020, which has expanded Oklahoma’s Medicaid coverage to over 428,000 additional Oklahomans since taking effect.
Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and most populous city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 20th among United States cities in population, and is the 8th largest city in the Southern United States. Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population.
Investment highlights
State of Oklahoma Guarantee
Backed by the State of Oklahoma, the tenant carries an AA+ credit rating from S&P and Fitch.
Significant Renovation Investment
Over $8,000,000 in Direct Tenant Improvements Funded by StateBacked by the State of Oklahoma, the tenant carries an AA+ credit rating from S&P and Fitch.
Critical Location
Tenant Required by Law to be within 5-mile Radius of State Capitol Building
Rapidly Growing Market
Oklahoma City is the 8th most populous city in the southern U.S. (1,469,124 MSA Population)
Long Term Lease Commitment
~8 Year Base Lease Term with 10 Years of Options
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?










