980 S 12th St - Office FOR SALE


Lander, WY 82520
$2,979,000 USD
859-907-2006
980 S 12th St, Lander, WY for Sale
$2,979,000 USD
Office - FOR SALE
1/1
null | 7.25% Cap Rate

980 S 12th St
Lander, WY 82520


HIGHLIGHTS

  • Purpose-built in 2010 According to FBI Specifications
  • Unique buildout with Tenant Improvement and Security Features to support the FBI Mission
  • Long-term, GSA lease 15-Years/10-Years Firm Effective 6/1/2025
  • Two-10% Shell Rent Increases
  • Credit quality, long-term tenant with GSA enjoying an AA S&P Credit Rating

OVERVIEW

The Ficke Team of Colliers has been retained to exclusively market for sale the Federal Bureau Investigation (FBI) office located at 980 12th St., Lander, WY 82520. Build-to-suit in 2010 to the strict requirements of this FBI tenant that handles sensitive investigations, intelligence analysis, and security operations. The building consists of 7,282 rentable square feet on 0.62 acres and is 100% occupied by the FBI. The property includes twenty-four (24) parking spaces. The General Services Administration (GSA) renewed this lease for 15-Years, 10-Years Firm, effective June 1, 2025. The lease includes two-10% shell rent increases in June 2030 and June 2035. The exterior was recently painted, exterior lights converted to LED, and new hot water heaters were recently installed. As part of the renewal, the government invested in security upgrades to reinforce doors and walls. Ownership is making a capital investment for new paint and carpet throughout. There are unique features to this FBI building that are too expensive to recreate in a new build that include cutting-edge technology, reinforced mesh in the walls, shatter proof glass, iron fenced employee parking lot with remote gate entry, two (2) detainee holding areas, criminal investigations, weapons storage, and evidence storage. This investment provides investor with a long-term, stabilized cash flow guaranteed by the U.S. Government (AA+ S&P credit rating), and is priced below replacement cost.

FOR SALE DETAILS

PRICE

$2,979,000 USD

PRICE/SF

$426 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Federal Bureau of Investigation (FBI)

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

-

APN/PARCEL ID

3300-13-1-38-001.00,3300-13-1-43-002.00

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.