419 E Broadway St
Fritch, TX 79036
Lake Meredith National Recreation Area · Office Property For Sale

Marcus & Millichap is pleased to present the fee simple interests in the National Parks Services Facility that is the Lake Merideth National Reserve Headquarters of Fritch, Texas. This property provides a potential investor with a great opportunity to acquire a smaller Governmental Services Administration (GSA) leased asset with a AA+ S&P rated credit with 13 years remaining on the lease. There is a firm term of five-and-a-half years and a soft term of seven-and-a-half years of the lease after their recent extension was recently extended showing the National Parks Services long term commitment to the site. An investor that acquires this asset will benefit from that stable income from the long term lease and have one of the most stable agencies of the US Government operating within the site that has actually been in Service for over 102 Years. The National Parks Services has an annual funding of $2.6 Billion by the US Government though is estimated to generate in excess of $27 Billion making it one of the most valued Bureaus operating in the US Government that is instrumental in protecting our National Treasures.