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33424775

396 N CAMINO MERCADO, CASA GRANDE, AZ 85122-5760

GF
TX 0593051, TX: 0593051
Colliers - Dallas, Texas
ZF
TX TX 688207
Colliers - Dallas, Texas
Listed by Colliers - Dallas, Texas
$7,407,000
2 days on market
Updated 2 days ago

U.S. Customs and Border Protection

Details
APN 50526004H
Property Type Office
Square Footage 18,520
Units 1
Lease Type Gross
Lease Term 15
Lease Expiration 05/14/2039
Remaining Term 12.9
Year Built 1999
Stories 1
Acreage 3.330
Lease Commencement 05/15/2024

About This Property

Marketing description

This U.S. Customs and Border Protection office is located at 396 North Camino Mercado in Casa Grande, Arizona. The 18,520-square foot building was constructed in 1999 and is situated on 3.33 acres of land. The property is 100 percent leased to the GSA (U.S. Customs and Border Protection).

GSA secures the buildings, products, services, technology and other workplace essentials federal agencies need. Thirteen thousand GSA associates support more than one million federal workers located in 8,000 government-owned and leased buildings in 2,000 U.S. communities and overseas. The CBP is headquartered in Washington, D.C., with a staff of more than 60,000 employees.

CBP is the largest law enforcement agency within the Department of Homeland Security. There are 20 field operations offices in the United States that provide centralized management oversight and operational assistance to 327 U.S. ports of entry and 15 preclearance offices.

Casa Grande is a city in Pinal County, approximately halfway between Phoenix and Tucson in Arizona, but still considered part of the Phoenix MSA. According to the 2010 census, the population of the city is 48,571, with the greater Phoenix MSA totaling more than 4,700,000. It is named after the Casa Grande Ruins National Monument, which is actually located in Coolidge. Casa Grande is strategically located at the intersection of two interstate highways (I-8 and I-10) in an area known as Arizona’s Golden Corridor. Once dependent on agriculture and mining, the community has evolved into a diversified full-service area with manufacturing, retail trade, government and tourist-related employment. All of Pinal County is a designated Enterprise Zone.

Investment highlights

  • U.S. Government-Backed Lease
  • Standard & Poor’s 500 Index - Rated AA+
  • 15-year Firm Term Lease Renewal
  • U.S. Customs & Border Protection in Operation at this Location Since May 1999
  • Located Within the Phoenix Metropolitan Area (12th Largest in U.S.)
  • Well Positioned Between the Cities of Phoenix and Tucson
  • Newly replaced HVAC System Currently Under Warranty
  • Strategically Placed Near the Gila River Indian Reservation

Listing Contacts

GF
TX 0593051, TX: 0593051
Colliers - Dallas, Texas
ZF
TX TX 688207
Colliers - Dallas, Texas
Listed by Colliers - Dallas, Texas

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Additional Information

Name
Matt Fitz-Gerald
License
SA579777000
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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