BLM DISTRICT OFFICE

Tenant

Bureau of Land Management

Location

Palm Springs, CA

Price

Unstated

CAP Rate

Unstated

Lease Term

13 Years Remaining

Occupancy

100%

Building Size

15,704 SQ FT

Property Type

Office

Year Built

2008

Lot Size

2.97 Acres

Status

Available

Property Contacts:

Travis Trautvetter

Executive Vice Chairman - Capital Markets

858 367 5105 | Email

Jake Trautvetter

Senior Director – Capital Markets

858 367 5102 | Email

Kari Fiske

Senior Brokerage Specialist

858 367 5450 | Email

Isabel Musgrove

Senior Marketing Coordinator

858 367 0929 | Email

U.S. FEDERAL GOVERNMENT CREDIT
Lease guaranteed by the full faith and credit of the United States of America, featuring an Aaa credit rating and unrivaled income security

BUILD-TO-SUIT CONSTRUCTION
2008 build-to-suit development for Bureau of Land Management, designed and constructed to meet tenant-specific requirements and stringent federal building standards

REGIONAL HEADQUARTERS OFFICE & FIELD OFFICE
The California Desert District Office is one of three BLM regional district offices within the state of California, and is responsible for protecting and preserving nearly 11 million acres and overseeing five BLM field offices

RECENT BUILDING RENOVATION
Bureau of Land Management initiated a renovation project, completed in 2021, which included an expansion of the office and warehouse areas, new interior finishes, remodeled lobby, reception, and break room areas, new covered parking structures, and upgrades to electrical, plumbing, lighting, and HVAC

CENTRAL LOCATION IN PALM SPRINGS
Situated adjacent to Highway 111, the primary arterial through Palm Springs, and in immediate proximity to Palm Springs International Airport, Escena Golf Club, and a variety of national tenants including Home Depot, Aldi, Jack in the Box, Wells Fargo, Lowes, Walmart, and more

The U.S. Department of the Interior, Bureau of Land Management California Desert District Office and Palm Springs – South Coast Field Office is a single-story, 15,704 square foot facility comprised of office area, warehouse space, and over half of one acre of wareyard space, located in Palm Springs, California. The property is 100% leased to the United States Federal Government via an original 20-year firm term, guaranteed by the full faith and credit of the United States of America, featuring an Aaa credit rating and unrivaled income security. Bureau of Land Management recently requested a lease extension for an additional 7 year firm period, which will result in a total of 13 years of remaining non-cancellable lease term for this facility.

Built-to-suit for Bureau of Land Management (BLM) in 2008, this facility was designed and constructed to meet the specific requirements of the tenant and stringent federal building standards. The tenant initiated a renovation project, which was completed in 2021, that included an expansion of the office and warehouse areas, new interior finishes, remodeled lobby, reception, and break room areas, new covered parking structures, and upgrades to electrical, plumbing, lighting, and HVAC.

The subject property houses the Bureau of Land Management’s California Desert District Office, a regional headquarters office that is one of only three BLM district offices within the state of California. The California Desert District Office is responsible for protecting and preserving nearly 11 million of the 25 million acres in the California Desert Conservation Area, as designated by the U.S. Congress, as well as oversight of five BLM field offices: Barstow, El Centro, Needles, Palm Springs-South Coast, and Ridgecrest. The Palm Springs – South Coast Field Office is located within the subject facility, and has jurisdiction from the southern California Coast to the desert, managing 1.7 million acres of lands within Los Angeles, Orange, Riverside, San Bernardino, and San Diego counties.

The BLM California Desert District office is centrally located in Palm Springs, a highly desirable market area within the state of California. The property is situated adjacent to Highway 111, the primary arterial through Palm Springs, and in immediate proximity to Palm Springs International Airport, Escena Golf Club, and a variety of national tenants including Home Depot, Aldi, Jack in the Box, Wells Fargo, Lowes, Walmart, and more.