Description
We are pleased to present the opportunity to acquire a mission-critical, single-tenant office property in West Central Spokane, Washington, fully leased to the Washington Department of Corrections (WA DOC) through December 2030. The lease is fully guaranteed by the State of Washington, which maintains Moody’s highest possible Aaa credit rating, ensuring exceptional tenant stability and minimal credit risk. Occupied as an essential facility for community supervision, offender rehabilitation, and regional administration, the property benefits from the tenant’s long-term commitment to this specific location, supported by a firm 10-year lease term that provides investors with secure, predictable cash flow.The asset stands out for its embedded growth potential and turnkey condition. Current i