U.S. Department of Agriculture (USDA) - Rushville & Valentine Service Centers

The Ficke Team of Colliers is pleased to present to qualified investors the opportunity to acquire two U.S. Department of Agriculture (USDA) Service Centers located at 110 S Main Street, Rushville, NE and the USDA located at 518 West Highway 20, Valentine, NE.  Both buildings were constructed by the same high-quality developer for the USDA, which ensures long-term prospective occupancy.  Both properties offer investors a stabilized income stream from the United States government with a history of renewing their leases on USDA facilities.  Both buildings are in their county seat and include the Farm Service Agency, Natural Resource Conservation Service, and Rural Development for which these agencies provide mission critical support to local farmers in these agriculture communities.  Both buildings may be acquired together or separate.

The USDA Rushville was built-to-suit in 2003 and renovated in 2015, with a new roof and gutters in 2019.  The USDA Rushville presents investors with an opportunity to acquire 3,300 rentable square feet.  The current lease was extended on December 1, 2024, and expires November 30, 2029, with an opportunity for investors to renew the lease in 2029 and request a rental rate increase.  Rushville is a city in the county seat of Sheridan County.  Sheridan is the fourth largest county in the state.  There is considerable farming, both dry land and pump irrigated all along us Highway 20.  The area consists of over 1.5 million acres of farmland.  

The USDA Valentine presents investors with an opportunity to acquire 5,022 rentable square feet.  The current USDA lease was extended on August 1, 2024, and expires July 31, 2029.  The USDA was originally built-to-suit in 1979 with extensive renovations in 2012, which included demising the building into two suites, adding the Lincare, Inc tenant.  The USDA invested in new furniture for their suite in 2019.  Lincare, Inc is currently on a month-to-month lease.  This investment is a value-add opportunity for an investor to negotiate a new longer-term lease with Lincare, Inc.

Lincare Inc, which is a long-term tenant occupying this building since 2012, is a medical equipment supplier that assists their client base with chronic illness with 24/7 support and in-home instruction and set-up.  They specialize in the latest technology in respiratory and oxygen care with a full line of durable medical equipment.

Valentine is a city in the county seat of Cherry County.  It is the largest county for land about the size of Delaware and Rhode Island combined and has over 3 million acres of farmland.  

Nebraska agriculture is diverse with an abundance of natural resources. The landscape varies from large pastures with cattle, to miles of rolling hills with a wide variety of crops, and everything in-between. Farms and ranches in Nebraska have been handed down over generations, and families still serve as the hub of the state’s number one industry, agriculture.  Nebraska is certainly famous for its production of corn and cattle and features a diversity of soil types and large differences in elevation and precipitation levels. Nebraska also leads the way in production of a wide variety of many other crops and livestock. It is a national leader in producing soybeans, wheat, dry edible beans, pork, grain sorghum.  The Farmers and Ranchers in Nebraska rely on the services and support provided by their local county seat U.S. Department of Agriculture.

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