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SSA BRANCH OFFICE

  • Details
  • Investment Highlights
  • Description
Tenant

Social Security Administration

Location

Lake Charles, LA

Price

Unstated

CAP Rate

Unstated

Lease Term

13.5 Years Remaining (8.5 Firm)

Occupancy

82%

Building Size

11,000 SQ FT

Property Type

Office

Year Built

2014 Renovated

Lot Size

1.25 Acres

Status

Sold

PROCURED PRIVATE 1031 EXCHANGE BUYER

AGGRESSIVE PRICING
All cash transaction

ANCHORED BY FEDERAL GOVERNMENT
82% occupied by Social Security Administration

NEW LONG-TERM LEASE WITH GSA
Aaa credit tenant

2014 FINISH-TO-SUIT CONSTRUCTION
Extensive renovation of existing building to suit GSA and SSA requirements