loader
Join Free
Views: 71 DOM: 191 Updated: 10.04.24 Posted: 05.16.24 Status: Active

Summary

Price $4,354,000
Built/Renov 2006
Tenant U.S. Fish and Wildlife Service
Cap Rate 7.75%
Lease Type Modified Gross
Guarantor Corp Rated
Size/SF 24,370
Lease Start 04-01-2021
#Units 700
Price/SF $178.66
Expiration 03-31-2031
Tenant Type Government
NOI $337,437
R. Term 6.4
Ownership Fee Simple
Rent/SF $13.85
Increases 0.0%/0/yrs
Pop 5Mi 202,953
Lot/AC 4.04
Options 0/0yrs
AHHI 5Mi $74,207

Lease Highlights

  • U.S. Fish and Wildlife Service has been operating in this location since 2006

  • The tenant has 6+ years remaining on the current lease term with no options to extend
  • Well-maintained steel and masonry building
  • Lease guaranteed by the full faith and credit of the U.S. Government (S&P: AA+)

Location Description

U.S. Fish and Wildlife Service is strategically located on East 21st Street. This 24,370 rentable square foot steel and masonry facility was originally a build-to-suit in 2006 for the U.S. Department of Interior, Fish and Wildlife Service. The site includes a 10,043 square foot warehouse, 6,400 square foot of ware yard space for equipment storage, and 60 parking spaces situated on 4.04 acres....

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: U.S. Fish and Wildlife Service
  • Guarantor:Corp Rated
  • Company:U. S. Federal Government
  • # Units:700
  • Tenant S&P: AA+
  • Moody’s: Aaa
  • Stock:Private

About Tenant

The United States Fish and Wildlife Service (USFWS) is an agency of the Federal Government within the U.S Department of the Interior dedicated to the management of fish, wildlife, and natural...


...

Demographics

  1 Miles 3 Miles 5 Miles
2029 Total Population : 9,993 101,390 207,896
2024 Total Population : 9,856 100,271 204,241
2024 Employed Civilian Pop : 4,786 49,209 103,210
2024 Total Businesses : 367 4,855 11,749
2024 Average Household Income : $ 61,046 $ 66,185 $ 79,622
2024 Total Consumer Spending : $ 222 M $ 2338 M $ 5885 M
2024 Median Age : 36 34 35
2024 Total Households : 4,066 39,471 83,111
2024 Pop Age 25+: Bachelor's Degree : 740 8,443 25,361
2024 Average Home Value : $ 221,680 $ 224,123 $ 267,439
*ESRI data is presented for informational purposes only

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity