Bureau of Land Management
Twin Falls, ID
Unstated
Unstated
18.5 Years Remaining
100%
22,500 SQ FT
Office
2015
3.51 Acres
Sold
ACHIEVED AGGRESSIVE PRICING
Lowest cap rate for BLM outside of California
PROCURED PRIVATE 1031 EXCHANGE BUYER
LONG-TERM LEASE
New 20-year firm lease term
NEW CONSTRUCTION
2015 build-to-suit facility
MISSION-CRITICAL FACILITY
Consolidation of three local BLM offices to one facility housing District Office, Field Office, and Fire & Aviation
EXTENSIVE TENANT IMPROVEMENTS
Tenant improvement costs exceed $2.375 million
The Bureau of Land Management (BLM) Twin Falls District Office is a 100% occupied, single-tenant facility located in Twin Falls, Idaho, which is situated in the southern portion of the state near the border of Nevada and Utah. The facility consists of 22,500 rentable square feet plus over 70,000 usable square feet of wareyard. BLM has invested heavily in this facility, with over $2.375 million in tenant improvement costs.
