19,900 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.
HEADQUARTERS OFFICE FOR LINCOLN NATIONAL FOREST
Oversees three Ranger District Offices and the 1.1 million acre Lincoln National Forest.
USFS OCCUPIES THE FACILITY THROUGH AN ORIGINAL 15-YEAR FIRM LEASE
with eight firm years remaining.
for the USFS in 2008
Property is for sale individually or as a portfolio with US Forest Service office in Sierra Vista, Arizona.
The Lincoln National Forest Headquarters is a 19,900 square foot build-to-suit facility located in Alamogordo, New Mexico. The offering is a newly constructed free-standing single tenant building appointed to the United States Forest Service through a long-term lease with the United States Department of Agriculture. There are eight firm years remaining on the original 15-year firm lease that commenced in 2008. 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 Lincoln National Forest Headquarters/Supervisor’s Office in Alamogordo provides oversight for the 1.1 million acre Lincoln National Forest and three Ranger District Offices in New Mexico. The forest was established in 1902 and includes the White Mountain and Capitan Mountains Wilderness Areas, which are part of the National Wilderness Preservation System. The Supervisor’s Office is situated on a 3.5-acre parcel in Alamogordo, offering immediate access to U.S. Highway 54, downtown Alamogordo, and the western entrance to the Lincoln National Forest. The three districts under the administration of the Lincoln National Forest Supervisor’s Office are the Sacramento, Smokey Bear,
and Guadalupe Ranger District Offices.
The Lincoln National Forest Headquarters presents a rare opportunity for an investor to acquire an essential location for USFS operations in New Mexico. The build-to-suit construction and directive role of this facility provide an ideal combination of specialization and purpose with the security of a long-term federally leased asset.