16,423 SQ FT
United States Forest Service
Property is leased on a long-term basis, providing the owner with secure and consistent cash flows.
Lease is guaranteed by the United States of America, which has a credit rating of Aaa from Moody’s Investor Services.
The USFS Ranger District Office oversees on-the-ground activities for the 1.78 million acre Coronado
National Forest and Miller Peak Wilderness Area.
USFS occupies the facility via an original 15-year firm lease term with 12 years firm remaining.
Property was built-to-suit for the USFS in 2012.
The USFS and BLM are responsible for the administration and conservation of federal land throughout the United States.
Property is for sale individually or as a portfolio with US Forest Service office in Alamogordo, New Mexico.
The Sierra Vista Ranger District Office is a newly constructed build-to-suit facility for the United States Forest Service in Southeast Arizona. The offering consists of an 8,580 square foot office and 7,843 square foot warehouse (16,423 RSF total) on a 3.5 acre parcel leased to the United States Department of Agriculture through an original 15-year firm lease with 12 firm years remaining. This length of lease is one of the longest available terms for any government facility, providing a secure, long-term income stream. The lease is guaranteed by the United States of America, which has a credit rating of Aaa from Moody’s Investor Services. The Federal Government has a long-standing reputation as a tenant with one of the highest possible renewal probabilities in the commercial real estate industry, with historical data published by the GSA regarding their portfolio of over 8,000 leases nationwide reflecting a retention rate that typically exceeds 95%.
The USFS Sierra Vista Ranger District Office oversees the 1.78 million acre Coronado National Forest and management of the Miller Peak Wilderness Area, one of eight designated wilderness areas within the Coronado National Forest. This district office is an expansion and relocation of the previous facility and is also the newest of the Coronado National Forest’s five district offices. The site is also occupied by the Bureau of Land Management San Pedro Project Office, which is responsible for activity throughout the Gila District as well as the protection and enhancement of the San Pedro Riparian National Conservation Area. The SPRNCA includes nearly 57,000 acres of public land and 40 miles of the upper San Pedro River in Cochise County.
The USFS Sierra Vista Ranger District Office is a unique opportunity for an investor to obtain an asset occupied on a long-term basis by federal agencies essential to forest and land management in the Southwestern United States.