DEA FIELD OFFICE

Tenant

Drug Enforcement Administration

Location

Bakersfield, CA

Price

Unstated

CAP Rate

Unstated

Lease Term

Unstated

Occupancy

100%

Building Size

9,800 SQ FT

Property Type

Office

Year Built

2000

Lot Size

2.1 Acres

Status

Sold

SPECIALIZED FACILITY
Designed with specialized characteristics according to DEA requirements, including secure parking access, weapons storage, holding cells, and a secure communications room.

HIGH-PROFILE AGENCY
California is a high priority location for the DEA due to its proximity to the U.S. border with Mexico and several major ports within the state. The DEA experiences continued funding growth and is one of the most highly sought-after tenant agencies by investors that focus on federal real estate.

FIRST-GENERATION GSA LEASE
As a first-generation, build-to-suit facility, the Bakersfield DEA Office benefits from an exceptional probability of future lease renewal.

STRONG MARKET FUNDAMENTALS
Bakersfield has experienced consistent growth and benefits from strong market fundamentals, with an office vacancy rate of only 7.3%.

The Bakersfield DEA Office is a build-to-suit facility which was constructed in 2000, housing the Bakersfield Resident Office for DEA. Facility is critical to the mission of the tenant, and operates within the DEA San Francisco Division.