HOMELAND SECURITY / ICE FACILITY

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

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.