210 Beiser Blvd - Office FOR SALE


Dover, DE 19904
$2,482,000 USD
859-907-2006
210 Beiser Blvd, Dover, DE for Sale
$2,482,000 USD
Office - FOR SALE
1/3
null | 7.75% Cap Rate

210 Beiser Blvd
Dover, DE 19904


HIGHLIGHTS

  • U.S. Department of Homeland Security - AA+ S&P Credit Rating
  • Recent Capital Improvements
  • Operating expense rent escalated annually by CPI, providing a natural hedge against inflation and protecting long-term investment returns.
  • Opportunity Zone

OVERVIEW

The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire the U.S. Department of Homeland Security facility located at 210 Beiser Blvd, Dover, DE. Built in 2000 and recently renovated with tenant-directed capital improvements, the building comprises 9,967 square feet on 1.9 acres. It is currently 100% occupied by the U.S. Department of Homeland Security (DHS). The DHS occupies the space under a Modified Gross lease structure with a 10 Year Firm lease term. Notably, the existing lease reflects a recently negotiated restructuring in which an unfavorable below-market renewal option was replaced with a new 10-year firm term at a higher rental rate, demonstrating the tenant’s long-term commitment to this location and providing investors with a stable, credit-backed income stream. The Department of Homeland Security (DHS) is a cabinet-level federal agency responsible for protecting the United States against terrorism, natural disasters, and other threats while facilitating lawful immigration, trade, and travel. DHS oversees a broad portfolio of component agencies including U.S. Citizenship and Immigration Services (USCIS), the Federal Emergency Management Agency (FEMA), the Federal Protective Service (FPS), and the Transportation Security Administration (TSA). With over 240,000 employees, DHS is the third-largest cabinet department in the federal government and maintains an operational presence in every state and territory across the country. ??????? DHS field offices deliver a wide range of enforcement, investigative, and administrative services to the communities they serve. Core functions include immigration processing and biometric services, homeland security investigations, cybersecurity coordination with state and local partners, and the protection of federal facilities and personnel. Agents and officers operate across all 50 states in support of both national security objectives and regional public safety, working in close coordination with tribal, state, and local law enforcement agencies throughout their respective areas of responsibility.

FOR SALE DETAILS

PRICE

$2,482,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

CPO

APN/PARCEL ID

2-05-07611-01-4500-000

ASK ABOUT THIS PROPERTY

Geoff FickeColliersMore Info
859-907-2006

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Geoff FickeColliersMore Info
859-907-2006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.