100% LEASED to the U.S. FEDERAL GOVERNMENT Single-tenant facility leased to the U.S. Federal Government, with 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 LEASE RENEWAL Lease renewal in June 2022 for a new 20-year term, with corresponding extensive capital upgrades to the facility, demonstrating ongoing tenant commitment ESSENTIAL OPERATIONS for DEPT of HOMELAND SECURITY The Homeland Security Immigration and Customs Enforcement Field Office houses two essential divisions of ICE: Enforcement & Removal Operations is responsible for a significant area of regional coverage including the counties of Kern, Inyo, Mono, and southern half of Tulare; Homeland Security Investigations is responsible for investigating a wide range of domestic and international activities arising from the illegal movement of people and goods into, within and out of the United States. HSI investigates immigration crime, human rights violations and human smuggling, smuggling of narcotics, weapons and other types of contraband, financial crimes, cybercrime and export enforcement issues HIGHLY SPECIALIZED and SECURE FACILITY Field Office location for the U.S. Department of Homeland Security (DHS), Immigration and Customs Enforcement (ICE); highly specialized and secure facility, with improvements constructed in accordance with the extensive requirements of ICE to serve the unique tenant mission, with features that include sally port, detention cells, secure building areas including storage of evidence and weapons, perimeter security fencing, blast-resistant glass, and other Level III security features per ISC standards DOWNTOWN BAKERSFIELD LOCATION Located in the downtown / Central Business District of Bakersfield, California, the subject property benefits from significant barriers to replacement due to the difficulty of achieving this location profile for the specific use of ICE; strategic proximity less than one mile from the Mesa Verde ICE Processing Facility within Mesa Verde Community Correctional