VA Community Resources & Referral Center

Tenant

U.S. Department of Veterans Affairs

Location

Confidential, US

Price

Unstated

CAP Rate

Unstated

NOI

Unstated

Lease Term

20 Years | 15 Firm

Occupancy

100%

Building Size

14,309 SQ FT

Property Type

Medical Office

Year Built

1985 | 2026

Lot Size

1.76 Acres

Status

Available

Property Contacts:

Travis Trautvetter

Managing Partner | Capital Markets

858 367 5105 | Email

Jake Trautvetter

Managing Partner | Capital Markets

858 367 5102 | Email

Isabel Musgrove

Director | Operations & Marketing

858 367 0929 | Email

U.S. FEDERAL GOVT CREDIT / NEW 20-YEAR LEASE TERM
New, first-generation, 20-year lease term with U.S. Department of Veterans Affairs (VA) commenced in July 2026, guaranteed by the full faith and credit of the United States of America

2026 REDEVELOPMENT FOR U.S. DEPT OF VETERANS AFFAIRS
Comprehensive redevelopment of existing building shell with completion in 2026, designed and constructed to meet the specific needs of VA

$6.585 MILLION IN TENANT-FUNDED IMPROVEMENTS ($460/SQ FT)
Tenant-funded improvements of $6.584 million ($460 per square foot) evidences the significant investment in this location by VA and creates an asset basis that is below current and future replacement costs

EXPANSION AND RELOCATION OF VA CRRC
The new VA Community Resource and Referral Center (CRRC)  expands and relocates the existing CRRC services within  market, which were previously housed in a 2,628 square foot building constructed in 1960

ESSENTIAL VA SERVICES
VA CRRC is one of 35 total CRRCs throughout the United States, providing one-stop, integrated care for at-risk and unhoused Veterans, with multi-agency services including assistance with housing, medical care, mental health counseling, and supportive community services