U.S. Customs and Border Protection

  • Government
Shelby, MT
Location: Montana


Offering Memorandum
  • Building Size: 16,292 sq/ft
  • Cap Rate: 6.75 %
  • Status: Available
$3,828,000.00

Property Information

  • Type: Government
  • Lot Size : 8.42
  • Year Built : 2004
  • Building Size : 16292
  • Cap Rate : 6.75
  • Status : Available

Investment Overview

The Ficke Group of Marcus and Millichap has been exclusively retained to market to qualified investors the United States Customs and Border Protection (USCBP) in Shelby, Montana. This first generation built-to-suit facility presents the unique opportunity to own a AA- rated asset, guaranteed by full faith and credit of the U.S. Federal Government. With over seven years of firm lease term remaining and attractive assumable financing, this recession resistant investment provides very stable risk-adjusted yield and long-term likelihood of renewal (GSA renews approximately 96% of their 1st generation leases). Positioned along the northern border of Montana’s high-line, USCBP conducts their mission critical operations in conjunction with the entire Department of Homeland Security from this facility. CBP is located in Shelby, Montana. The 16,292-square foot building was built in 20014 and is situated on 8.42 acres of land.

Investment Highlights

100% Leased to USCBP through May of 2025 (All Firm Term)
U.S. Government Guarantee – “AA+” Credit Rating by Standard & Poor’s
No Tenant Improvements Amortized into Rent
Built to Meet Strict U.S. Government Building Standards

Facilities

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Contact Agent

Geoff Ficke

First Vice President Investments Director, Net Leased Properties National Office and Industrial Properties

License: TX 0593051

Nicole Patel

Associate Directory / Capital Markets Specialist

Zack Ficke

Government Specialist

License: TX 688207

Adam Christofferson

BOR

License: MT RRE-BRO-LIC-15748