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210 Beiser Blvd 10,648 SF Office Building Dover, DE 19904 $3,376,786 CAD ($317.13 CAD/SF) 7.75% Cap Rate



Investment Highlights
- U.S. Department of Homeland Security - AA+ S&P Credit Rating
- Operating expense rent escalated annually by CPI, providing a natural hedge against inflation and protecting long-term investment returns.
- Recent Capital Improvements
- Opportunity Zone
Executive Summary
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.
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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.
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.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,648 SF
Building Class
C
Year Built
2000
Price
$3,376,786 CAD
Price Per SF
$317.13 CAD
Cap Rate
7.75%
NOI
$261,727 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,648 SF
Slab To Slab
10’
Building FAR
0.13
Lot Size
1.90 AC
Opportunity Zone
Yes
Zoning
CPO
Parking
57 Spaces (5.35 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2-05-07611-01-4500-000 | Improvements Assessment | $1,653,292 CAD |
| Land Assessment | $258,905 CAD | Total Assessment | $1,912,197 CAD |
Property Taxes
Parcel Number
2-05-07611-01-4500-000
Land Assessment
$258,905 CAD
Improvements Assessment
$1,653,292 CAD
Total Assessment
$1,912,197 CAD
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210 Beiser Blvd
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