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Faits saillants de l'investissement
- Significant federal investment underscores the critical role of the International Falls land port of entry
- U.S. Customs and Border Protections – S&P AA+ rating
- Long-term lease providing stable cash flow
- Located in one of the busiest land ports of entry in Minnesota
Résumé de l'annonce
Built in 2009, the building comprises 33,000 rentable square feet on 10.5 acres. It is currently 100% occupied by the U.S. Customs and Border Protection (USCBP). The USCBP occupies the space under a Modified Gross lease structure with a 20-year term.
The U.S. Customs and Border Protection (CBP) is a federal agency within the Department of Homeland Security responsible for safeguarding America’s borders while facilitating lawful international trade and travel. CBP enforces customs, immigration, and agricultural laws at over 300 ports of entry and along the nation’s borders; collects import duties and tariffs; and protects the U.S. economy by preventing illegal goods, narcotics, and counterfeit products from entering the country. The agency also plays a critical role in national security by screening travelers and cargo for potential threats and administering programs such as Global Entry and Trusted Traveler to expedite lawful travel.
CBP field offices and border stations provide a broad range of inspection and enforcement services for travelers and cargo. Services include: customs clearance, immigration processing, agricultural inspections, trade compliance, cargo security screening, and traveler facilitation programs. Officers conduct inspections to verify documentation, assess duties, and enforce compliance with U.S. laws. Individuals requiring secondary review or enforcement action are processed, detained if necessary, and either admitted, refused entry, or referred to appropriate authorities.
International Falls hosts one of the busiest land ports of entry in Minnesota, directly across the border from Fort Frances, Ontario. This port is open 24 hours a day, seven days a week, and handles significant volumes of passenger and commercial traffic via Highway 53 and the International Bridge. It supports multiple facilities, including the Falls International Airport, which serves as an international airport and port of entry for general aviation and commercial flights, and the Rainer rail cargo processing center, which manages cross-border freight. The port also oversees agricultural inspections, NEXUS enrollment services, and seasonal seaplane bases in the region. Due to its high traffic and strategic importance, the International Falls port is undergoing a major modernization and expansion project, increasing its footprint from 1.6 acres to 20 acres and upgrading facilities to accommodate CBP, USDA, and FDA operations, improve security, and streamline trade and travel. This project, with an estimated cost of $243–$297 million, is currently in the design phase, with construction planned to begin in 2026.
Faits sur la propriété
Commodités
- Système de sécurité
- Affichage
Principaux locataires Cliquez ici pour accéder à
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
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- Administration publique
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$9.99
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Lorem Ipsum
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Jan 0000
U.S. Customs and Border Protection (CBP), a component of the U.S. Department of Homeland Security, is the nation’s largest federal law-enforcement agency and is charged with safeguarding America’s borders while facilitating lawful international travel and trade. Established in 2003, CBP operates from its primary Washington, D.C. offices at the Ronald Reagan Building at 1300 Pennsylvania Avenue NW. The agency’s mission includes preventing terrorism, securing and managing U.S. borders, enforcing immigration laws, and protecting the nation from illegal drugs, weapons, contraband, and unauthorized entry. CBP employs more than 45,000 agents, officers, and mission-support personnel who manage operations across air, land, and sea ports of entry. Its responsibilities include customs inspections, agricultural screening, Global Entry and Trusted Traveler program oversight, and emergency response activities.
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
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Administration publique | - | $9.99 | Lorem Ipsum | Jan 0000 |
Impôts fonciers
| Numéro de lot | 92-060-00310 | Évaluation des bâtiments | 3 567 864 $ CAD |
| Évaluation du terrain | 510 593 $ CAD | Évaluation totale | 4 078 457 $ CAD |
Impôts fonciers
Présenté par
312 Highway 11 E
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