Description

The Ficke Team of Colliers presents the opportunity to acquire the U.S. Department of Homeland Security facility located at 1516 Fountain Plaza. Built in 2011, the 28,300-square-foot property sits on 2.79 acres and is 100% leased to the U.S. Department of Homeland Security under a modified gross lease with a 10-year firm term within a 15-year total lease structure, providing stable, government-backed income. As a cabinet-level agency, DHS oversees critical operations through divisions such as U.S. Citizenship and Immigration Services, Federal Emergency Management Agency, Federal Protective Service, and Transportation Security Administration, supporting national security, immigration, and public safety initiatives across the country. The facility serves as a regional hub for enforcement, investigative, and administrative functions, coordinating closely with state, local, and tribal agencies. Located in Rapid City—the primary commercial and governmental center of western South Dakota—the asset benefits from proximity to Ellsworth Air Force Base, a key strategic installation and future home of the B-21 Raider program. With its mission-critical role, strong federal tenancy, and importance within a broad regional service area, this property offers investors durable cash flow, long-term stability, and continued federal commitment to the market.