USCIS FIELD OFFICE

Price

Unstated

NOI

Unstated

Building Size

21,116 SQ FT

Tenant

Department of Homeland Security, Citizenship and Immigration Services

Occupancy

100%

Property Type

Office

Year Built

2016

Lot Size

2.50 Acres

Status

Sold

Lease Term

15 Years

Property Contacts:

Travis Trautvetter

Vice Chairman

858 558 5609 | Email

LONG-TERM FEDERAL GOVERNMENT LEASE
New 15-Year Lease with U.S. Federal Government

Aaa CREDIT TENANCY
Lease is guaranteed by the United States of America, which has a credit rating of Aaa from Moody’s Investor Services

USCIS HEADQUARTERS FOR ALABAMA
New USCIS Field Office serving the entire state of Alabama

BUILD-TO-SUIT CONSTRUCTION
Comprehensive redevelopment to suit the specific needs of Homeland Security

EXPANSION CAPABILITY
5,080 square feet available within building – USCIS has indicated a desire to expand and is seeking approval for funding

LEED CERTIFICATION
Designed and constructed to achieve LEED Certification

STATE CAPITAL LOCATION
Located in Montgomery, the capital city of Alabama

The U.S. Department of Homeland Security, Citizenship and Immigration Services Field Office in Montgomery, Alabama is a single-tenant office building that serves as the headquarters for USCIS for the entire state.

This Field Office houses critical functions including Adjudications Division, Information Division, Records Division, and Fraud Detection and National Security. The Montgomery Field Office is a new location for USCIS in Alabama. Prior to the existence of this facility, residents of Alabama were required to travel to Atlanta to receive USCIS services.

USCIS occupies 16,036 square feet via a new 15-year lease term with the General Services Administration (GSA), which is guaranteed by the United States of America, which has a credit rating of Aaa from Moody’s Investor Services. 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%.

While the GSA lease states 100% occupancy of the building, the total building size is 21,116 square feet, leaving 5,080 square feet of existing space within the building that can accommodate future expansion needs of the tenant. USCIS has stated a desire to occupy this additional space, and is in the process of pursuing necessary approvals and funding to accomplish the expansion. This project was a comprehensive redevelopment to suit the specific needs of the GSA and USCIS, and was designed and constructed according to strict federal standards and to achieve LEED certification. Renovations include a new roof system with a 15-year warranty commencing in January 2017.