SSA BRANCH OFFICE

Tenant

Social Security Administration

Location

Antioch, CA

Price

Unstated

CAP Rate

Unstated

Lease Term

8.5 Firm Years Remaining

Occupancy

100%

Building Size

9,600 SQ FT

Property Type

Office

Year Built

2013

Lot Size

0.23 Acres

Status

Sold

ACHIEVED AGGRESSIVE PRICING
with multiple offers

10-DAY DUE DILIGENCE, UNDER 25 DAY CLOSE

SOLD TO CALIFORNIA 1031 EXCHANGE BUYER
All cash transaction, no financing

NEW 15-YEAR LEASE

Aaa CREDIT TENANCY

2013 FINISH-TO-SUIT CONSTRUCTION

DESIRABLE SAN FRANCISCO BAY AREA LOCATION

The Antioch Social Security Administration (SSA) Branch Office is a new, 9,600 square foot facility located in the San Francisco Bay Area city of Antioch, California. This location was a finish-to-suit development for the SSA in 2013 and is leased to the U.S. Federal Government on a long-term basis via the General Services Administration (GSA). SSA has invested a significant amount of funds into this facility, with tenant improvements exceeding $850,000.