2208 21st Avenue South, Great Falls, MT 59405

This offering is a 9,899-square-foot, two-tenant office building on a 1.31-acre site. The property is fully leased to U.S. government agencies, including the Federal Bureau of Investigation (FBI) and the United States Department of Veterans Affairs, with the FBI portion leased under a 15-year (13 firm) lease commencing November 6, 2021. The remaining space was fully renovated in 2026 and leased to the Department of Veterans Affairs for use as a Vet Center. As described, the Vet Center is a community-based counseling facility providing professional mental health and readjustment services to eligible veterans and their families. The building was originally constructed in 2008 as a build-to-suit for the U.S. Department of Homeland Security (Customs and Border Protection), and CBP vacated the facility in approximately 2018.

The property is located in a mixed-use corridor with strong visibility and ample parking. It also has direct proximity to Malmstrom Air Force Base, identified in the remarks as the region’s dominant economic engine.

For institutional investors or owner-operators seeking a stabilized, government-leased office asset, the current leasing profile provides occupancy by two federal tenants across distinct portions of the building. The 2026 renovation of the Vet Center space further supports operational readiness for a health and counseling-focused use, while the FBI lease provides a separate long-term income stream within the same facility.