U.S. National Park Service

2701 Barstow Road, Barstow, CA

$3,633,000

Price

6.75%

Cap Rate

$245,257

NOI

Gallery
Street
Map
Overview
Cap Rate
6.75%
NOI
$245,257
Building Size
17,200 sqft
Lot Area
3.99 acres
Occupancy
100%
Lease Type
Modified Gross
Year Built
2004
Price Per Sqft
$211
Tenancy
Single
Parking Spots
120
Description

Investment Grade Single Tenant GSA. Opportunity to acquire AA+ credit single tenant asset backed by the U.S. Government with 6+ years remaining on the firm term plus a 5-year renewal option. Established tenancy in a build-to-suit facility on a large 3.99 acre lot with abundant parking and immediate access to major freeways.

Highlights
  • Build-to-suit facility with General Services Administration tenant National Park Service Mojave National Preserve Headquarters
  • Lease backed by the U.S. Federal Government with AA+ credit rating and a stable outlook from S&P; tax revenues exceeding $4.9 trillion in 2022
  • Recent 10-year renewal with additional 5-year option period that demonstrates an ongoing, long-term commitment to the location
  • NPS headquarters provide mission critical services responsible for 1.6 million acres of preserve lands with an annual visitor count of close to 1 million
Documents
Title
NPS_BarstowCA.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery