www.bouldergroup.com NET LEASED INVESTMENT OFFERING NET LEASED INVESTMENT OFFERING NET LEASED INVESTMENT OFFERING NET LEASED INVESTMENT OFFERING GSA GSA GSA GSA - Federal Bureau of Investigation Federal Bureau of Investigation Federal Bureau of Investigation Federal Bureau of Investigation 1109 Airport Parkway 1109 Airport Parkway 1109 Airport Parkway 1109 Airport Parkway Cheyenne, WY 82001 Cheyenne, WY 82001 Cheyenne, WY 82001 Cheyenne, WY 82001
GSA GSA GSA GSA ---- Federal Bureau of InvestigationFederal Bureau of InvestigationFederal Bureau of InvestigationFederal Bureau of Investigation 1109 Airport Parkway1109 Airport Parkway1109 Airport Parkway1109 Airport Parkway Cheyenne, WY 82001Cheyenne, WY 82001Cheyenne, WY 82001Cheyenne, WY 82001
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Confidentiality & Disclaimer
Executive Summary
Property Overview
Ten Year Cash Flow
Aerial
Site Plan
Map
Tenant Profile
Demographic Comparison Report
Location Overview
Contact Information
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The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
The Boulder Group is pleased to exclusively market for sale a single tenant GSA property fully occupied by the Federal Bureau of Investigation (FBI) located in Cheyenne, Wyoming. The 7,804 square foot building was a build-to-suit development in 2011 for the FBI. The property features a 16 stall secured underground parking garage and a 15 year roof warranty. The underground parking is only accessible by cleared personnel and is fenced off for further security. The underground parking could potentially be converted to office space.
The property is located along Airport Parkway adjacent to the Cheyenne Regional Airport. This is a strategic location for the FBI due to the proximity of the Cheyenne airport. The building is located on a forty year land lease with the Cheyenne Regional Airport Board. Cheyenne recently passed Proposition 7G which granted $4.8 Million to the Cheyenne Airport Board to aid in the construction of a new terminal for the Cheyenne Regional Airport. The new $16.4 Million, two-story terminal expansion will include a 35,000 square foot terminal, a terminal apron with room for four additional aircrafts and over 400 parking spaces. Additionally, the Cheyenne VA Medical Center is in close proximity to the property.
The property was a build-to-suit for the FBI with the United States Government guaranteeing the original 15 year lease with expiration in January 2036. The lease is a modified gross lease with adjusting operating expenses by CPI as well as a base year for taxes. The United States Government is rated AA+ (investment grade) by Standard & Poor’s.
• Lease guaranteed by the Unites States of America
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SITE PLANSITE PLANSITE PLANSITE PLAN
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Tenant: Federal Bureau of Investigation
(FBI) Website: www.fbi.gov
Guarantor: United States of America
Standard & Poor’s Rating: AA+
Employees: 35,664
Annual Budget: $7.9 Billion
The General Services Administration (GSA) is an independent agency of the United States government, established in 1949 to help manage and support the basic functioning of federal agencies. The GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government-wide cost-minimizing policies, and other management tasks. The GSA’s mission is to use expertise to provide innovative solutions for our customers in support of their missions and by so doing foster an effective, sustainable, and transparent government for the American people. GSA oversees the business of the U.S. federal government. GSA’s acquisition solutions supplies federal purchasers with cost-effective high-quality products and services from commercial vendors.
GSA employs about 12,000 federal workers and has an annual operating budget of roughly $26.3 billion, approximately 1% of which is appropriated from taxpayer dollars. GSA oversees $66 billion of procurement annually. It contributes to the management of about $500 billion in U.S. The GSA owns and leases over 354 million square feet of space in 8,300 buildings in more than 2,200 communities nationwide.
The Federal Bureau of Investigation (FBI) is agency of the United States Department of Justice that serves as a federal criminal investigative unit and an internal intelligence agency. The FBI has a total annual budget of $7.9 Billion. The mission of the FBI is to protect and defend the United States and to provide leadership and criminal justice services to federal, state, municipal and international agencies and partners.
CheyenneCheyenneCheyenneCheyenne is the capital and most populous city in Wyoming and is the county seat of Laramie County. At the time of the 2010 U.S. Census, Cheyenne had a population of 59,466. The largest employers in Cheyenne include the F.E. Warren Air Force Base, the Wyoming National Guard, Cheyenne Regional Medical Center, Burlington Northern Santa Fe railroad, Union Pacific railroad and Lowe’s and Wal-Mart, which each operate distribution centers in the city.
Cheyenne is home to the F.E. Warren Air Force base, which is one of the three strategic missile bases in the United States. The Air Force base has been in Cheyenne since 1867, making the base the oldest active military installation within the Air Force. The base is a designated place by the U.S. Census and is home to over 3,000 residents.
