DHS & STATE PROBATION OFFICE

Tenant

U.S. Federal Government & State of Alabama

Location

Mobile, AL

Price

Unstated

CAP Rate

Unstated

Lease Term

Unstated

Occupancy

100%

Building Size

20,700 SQ FT

Property Type

Office

Year Built

Renovated 2018

Lot Size

3.81 Acres

Status

Sold

LONG-TERM GOVERNMENT LEASES
U.S. Federal Government & State of Alabama

INVESTMENT GRADE CREDIT
Exceptional tenant credit, providing highly secure income guaranteed by USA and State of AL

NEW CONSTRUCTION
2018 renovation-to-suit construction for Homeland Security – Immigration and Customs Enforcement

MISSION-CRITICAL FACILITY
Houses two mission-critical divisions of DHS-ICE (Enforcement and Removals Operations and Homeland Security Investigations) and State of Alabama Probation and Parole

SIGNIFICANT TENANT IMPROVEMENTS
Homeland Security tenant improvements exceed $2.7 million, creating space that is extremely difficult and cost prohibitive to replicate

The Homeland Security and State Probation Office in Mobile, Alabama is a 20,700 square foot facility that is 100% leased to two tenants, the U.S. Federal Government and State of Alabama. This building was comprehensively renovated according to the specific needs of the tenants, including construction of new space for the federal government.