- Details
- Investment Highlights
- Description
Tenant
DHS - ICE
Location
McAllen, TX
Price
Unstated
CAP Rate
Unstated
Lease Term
10 Years
Occupancy
100%
Building Size
24,064 SQ FT
Property Type
Office
Year Built
2012
Lot Size
2.48 Acres
Status
Sold
DHS - ICE
McAllen, TX
Unstated
Unstated
10 Years
100%
24,064 SQ FT
Office
2012
2.48 Acres
Sold
ACHIEVED LOWER CAP RATE THAN COMPARABLE GSA SALES
By over 100 basis points
NEW 10-YEAR LEASE TERM (5 YEARS FIRM)
2012 FINISH-TO-SUIT CONSTRUCTION
LOCATED 5 MILES FROM THE U.S./MEXICO BORDER
$2.58 MILLION IN TENANT IMPROVEMENTS
HOMELAND SECURITY INVESTIGATIONS (HSI) OFFICE LOCATION
RELOCATION OF EXISTING ICE OFFICE
The McAllen ICE Facility is 100% leased to DHS – Immigration & Customs Enforcement (ICE) and is strategically positioned near the U.S. / Mexico Border and the McAllen International Airport. This facility houses an office location of Homeland Security Investigations (HSI) , which is one of the largest components within ICE. The building is situated in the Sharyland Business Park, McAllen’s premier industrial development, and is within 1.5 miles from the Anzalduas International Crossing, which connects to the most efficient distribution route between Mexico, the U.S., and Canada.