U.S. Dept. of the Interior

Tenant

U.S. Department of the Interior

Location

Billings, MT

Price

Unstated

CAP Rate

Unstated

Lease Term

12.5 Years Remaining

Occupancy

100%

Building Size

149,110 SQ FT

Property Type

Office

Year Built

2013

Lot Size

4.6 Acres

Status

Sold

Property Contacts:

Travis Trautvetter

Vice Chairman

858 367 5105 | Email

Jake Trautvetter

Capital Markets

858 558 5624 | Email

Kari Fiske

Brokerage Coordinator

858 334 4032 | Email

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

LONG-TERM, FIRST-GENERATION LEASE
First-generation, 20-year firm lease term with U.S. General Services Administration, with 12.5 years remaining

2013 BUILD-TO-SUIT CONSTRUCTION
New build-to-suit construction completed in 2013, developed according to the specific requirements of the U.S. Department of the Interior and according to strict federal standards

KEY REGIONAL FACILITY FOR U.S. DEPARTMENT OF THE INTERIOR
Houses approximately 400 Department of Interior employees and key DOI functions including the Rocky Mountain Regional Office for Bureau of Indian Affairs, one of only twelve regional offices for BIA nationally, Office of Special Trustees for American Indians, Bureau of Reclamation, and Office of the Field Solicitor

GSA DESIGN EXCELLENCE PROGRAM + LEED GOLD
Lease procurement included GSA Design Excellence Program requirement, with a focus on excellence in architecture, engineering, and construction, and project achieved LEED Gold designation through a sustainable, efficient design / build

The U.S. Department of the Interior (DOI) Regional Office in Billings, Montana is comprised of two facilities leased under one single-tenant, long-term, first-generation, non-cancellable lease with the U.S. Federal Government. The premises consist of a 119,510 square foot, five-story office building located in downtown Billings, and a 30,456 square foot warehouse facility with secure wareyard that is located approximately 2.5 miles to the south.