U.S. General Services Administration
Arvada, CO
Unstated
Unstated
15 Years Remaining
100%
11,540 SQ FT
Office
Unstated
Unstated
Sold
FEDERAL GOVERNMENT CREDIT
Lease guaranteed by U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security
20-YEAR LEASE TERM
First-generation, 20-year lease, providing the maximum allowable lease term per federal government regulations
2015 REDEVELOPMENT
Finish-to-suit construction for EPA, with redevelopment of shell building completed in 2015
SIGNIFICANT TENANT INVESTMENT
Over $1 million in tenant improvements, demonstrating significant tenant investment
ESSENTIAL FACILITY
EPA Region 8 Emergency Response facility, housing a testing laboratory and highly sensitive and critical equipment deployed by EPA in response to oil spills, chemical, biological, radiological releases, and large-scale national emergencies
EXCELLENT LOCATION IN DENVER MSA
Located with immediate access to light rail station and Interstate 76 in Arvada, Colorado, the 7th most populous municipality in the state, and part of the Denver MSA, the 19th largest metro area in the country with a population of 2.967 million
The Environmental Protection Agency Region 8 Emergency Response facility in Arvada, Colorado is an 11,540 square foot single-tenant building, featuring finish-to-suit construction that was completed in 2015 according to the specific requirements of the federal government. The EPA has invested heavily in this facility, with over $1 million in tenant improvements. The facility serves an essential purpose for EPA Region 8, housing a testing laboratory for HAZMAT emergency response teams and a Superfund site mobile unit. EPA Region 8 is responsible for Colorado, Montana, North Dakota, South Dakota, Utah, Wyoming, and 28 tribal nations.
EPA Region 8 Emergency Response is occupied via an original 20-year U.S. General Services Administration (GSA) lease, with 15 years firm, commencing in 2015. This 20-year term is the maximum length of lease allowable for the federal government, demonstrating the tenant’s long-term commitment to the facility. The lease is guaranteed by the full faith and credit of the United States of America, which is rated Aaa from Moody’s Investor Services and offers unrivaled income security. The GSA has a long-standing reputation as a tenant with one of the highest possible renewal probabilities in the commercial real estate industry. Historical data published by the GSA regarding their portfolio of over 8,000 leases nationwide reflects a retention rate which typically exceeds 95%.
The subject property is strategically located within ten miles of downtown Denver and the EPA’s Region 8 Headquarters. It is also located less than a mile from the Arvada Gold Strike commuter rail station and Interstate 76, providing immediate access across the Denver region. Arvada is the 7th most populous municipality in Colorado and part of the Denver metropolitan statistical area, the 19th largest metro area in the country with a population exceeding 2.967 million.
