Investment Overview

Marcus & Millichap is pleased to present this sale lease-back opportunity at 832 NW 70th Street, Oklahoma City, Oklahoma. This is a brand-new build-to-suit office building for Arledge Certified Public Accountants completed in 2025. The building is comprised of 13,320 square feet on just under 1.00 acre of land. The property was built by Tim Hughes Construction, LLC, a prominent, respected design-builder in Oklahoma City with commissioned projects throughout the world. His commercial buildings are not only visually stunning but also built to the highest standards of quality and craftsmanship that stand the test of time. Arledge CPA operates under an absolute triple-net lease structure with rental increases that may vary and are subject to negotiations. The lease is backed with a corporate guarantee. There are 15 years of lease term remaining at close of escrow. Minimal landlord responsibility. Arledge & Associates, P.C., established in 1983, is a locally owned public accounting firm based in Oklahoma City, Oklahoma. The firm offers a comprehensive range of services, including tax planning, auditing, consulting, advisory services, client accounting, tribal services, and non-profit support. The firm's team comprises experienced professionals with diverse backgrounds in private industry, government, and regulatory sectors. The property is located just east of the major corridors of I-35 and I-44, six miles north of downtown Oklahoma City. The north side of Oklahoma City is a rapidly growing area with new office, residential, retail locations and other new developments. Easy access to major highways, shopping centers, restaurants, and recreational areas such as Lake Hefner, offering residents a blend of suburban tranquility and urban accessibility. The immediate area is a former industrial area that is rapidly transitioning to upscale office, retail and residential. There are many new restaurants, retail operations and distinct homes. Classen Design Center is around the corner. The property is just two miles from Nichols Hills, an upscale residential area known for the trendy Classen Curve Mall as well as many retailers, restaurants and the Oklahoma City Golf and Country Club. Oklahoma City is the 20th largest city in the U.S. with a population in the MSA exceeding 1.4 million. It’s also one of the fastest growing cities in the United States, with the population increasing 2 percent between 2020 and 2022 and a 19 percent increase since 2010. Year-over-year job growth was 2.4 percent in 2023. Oklahoma City offers one of the lowest business costs in the U.S., for a major metro (ASU study). The economy is diversified into various sectors including oil, natural gas, government, retail, healthcare, financial services, aviation, higher education, and logistics. The 2025 Greater Oklahoma City Outlook predicts a 2.5 percent increase in job growth. The city’s population growth is expected to continue with projections to reach two million by 2040 with the current growth rate. The Oklahoma City MSA is also home to the State Capital, the University of Oklahoma, the University of Oklahoma Medical Center, the Oklahoma City Thunder and many cultural and entertainment venues.