1313 Us Highway 160 E - Office FOR SALE
Monte Vista, CO 81144 |
$3,794,816 USD
858-367-5450
1313 Us Highway 160 E
Monte Vista, CO 81144
HIGHLIGHTS
- Lease guaranteed by U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security
- First-generation 20-year firm lease term, commencing in February 2015, featuring a rare government lease structure with no termination rights
- Comprehensive, finish-to-suit redevelopment for BLM in 2015, relocating the San Luis Valley Field Office and providing a long-term facility
- Specialized facility with both office and warehouse space, expansive ware yard and improvements situated on oversized 4-acre parcel
- San Luis Valley Field Office manages over 500,000 acres of public land in Colorado’s Rio Grande Basin, an essential service of BLM
- BLM occupies 100% of the 14,000 square foot facility; the current lease is based on square footage of only 10,006, which provides future upside
FOR SALE DETAILS
PRICE
$3,794,816 USD
PRICE/SF
$271 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.98 AC
LAND SF
173,369 SF
ZONING
Commercial Highway
APN/PARCEL ID
3705100078
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858-367-5450
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858-367-5450
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