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8790 Double Diamond PkwyReno, NV 89521
DEA Resident Office
Asset ClassOffice
overview of deal

Overview

Opportunity to acquire a +/- 15,799 SF, single tenant facility fully leased to the Drug Enforcement Administration (DEA). The current lease expires in 2029 and contains a 5 year- renewal option. The subject property is situated on 4.36 acres and was built-to-suit for the DEA in 2004. The high security DEA facility is highly specialized containing lab, holding cells, first-floor enclosed parking, and K4 Gating. This facility serves as a key location for the DEA, ensuring the enforcement of controlled substance laws and providing training for local law enforcement agencies.

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Investment Highlights

The facility is situated in the dynamic area of Reno, benefiting from its proximity to major transportation routes and accessibility to the surrounding metropolitan region. Reno’s strategic location supports regional operations that combat drug trafficking, bolster public safety, and foster collaboration with other law enforcement bodies. The facility not only enhances the DEA’s capability to implement drug enforcement strategies but also serves as a hub for community education and engagement.

  • Lease is guaranteed by the full faith and credit of the United States of America
  • Specialized build-to-suit construction containing lab, holding cells, first-floor enclosed parking, and K4 Gating
  • Rent is currently 8% below the average GSA rent in the State of Nevada
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Contacts

Dave SimonsenNewmark Real Estate of Nevada, LLC

License #: 144033

(775) 825-8000dave.simonsen@nmrk.com
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Listing provided by Revere CRE