SSA Branch Office

Tenant

U.S. Social Security Administration

Location

Morrow, GA

Price

Unstated

CAP Rate

Unstated

Lease Term

9 Years Remaining

Occupancy

100%

Building Size

21,000 SQ FT

Property Type

Office

Year Built

2021 Redevelopment

Lot Size

2.77 Acres

Status

Closed

U.S. GOVERNMENT CREDIT
Lease guaranteed by the full faith and credit of the United States of America, featuring an Aaa credit rating and unrivaled income security

LONG-TERM, FIRST-GENERATION LEASE
New, first-generation, 10-year lease term with U.S. General Services Administration; substantial tenant investment with over $1.575 million in tenant improvements

NEW CONSTRUCTION
Redevelopment-to-suit completed in 2021, built according to the specific requirements of U.S. Social Security Administration, meeting strict federal standards

SSA BRANCH OFFICE EXPANSION & RELOCATION
Morrow Social Security Branch Office is an expansion and relocation of the previously existing Social Security office based in this market, and provides crucial services to the surrounding area of Clayton County, with a population of over 289,000 residents, including 33,885 retirees, 9,179 individuals with disabilities, and 17,164 Veterans

ATLANTA MSA LOCATION
Located in the Atlanta metropolitan area, the 9th largest MSA in the United States with a population of over 6 million, the Morrow SSA Branch Office benefits from a central location and is positioned with immediate access to Highway 54 and Interstate 75, with surrounding tenants that include the Department of Motor Vehicles, Sam’s Club, Walmart Supercenter, Home Depot, Chipotle, Chick-fil-A, Publix Super Market, and many more

The U.S. Social Security Administration (SSA) Branch Office in Morrow, Georgia is a 21,000 square foot office building which was redeveloped-to-suit for the tenant with completion in 2021, built according to the specific requirements of SSA and meeting strict federal standards. The tenant invested significant funds into this new facility, with tenant improvements exceeding $1.575 million. The new Morrow SSA office is an expansion and relocation of the previously existing SSA office in this market, providing a new, long-term home for the tenant.  

Morrow SSA Branch Office is 100% leased for a new, 10-year term with the U.S. General Services Administration. The lease is guaranteed by the full faith and credit of the United States of America, which has a credit rating of Aaa from Moody’s Investor Services and offers unrivaled income security. The GSA has a long-standing reputation as a tenant with one of the highest possible renewal probabilities in the commercial real estate industry. Historical data published by the GSA regarding their portfolio of over 8,000 leases nationwide reflects a retention rate which typically exceeds 95%. 

The Social Security Branch Office in Morrow serves the surrounding area of Clayton County, with a population of over 289,000 residents, including 33,885 retirees, 9,179 individuals with disabilities, and 17,164 Veterans This location provides commonly utilized SSA services including application for retirement benefits, SSI, disability benefits, Medicare, and survivor’s benefits, as well as checking application or appeal status, and replacing or obtaining Medicare and Social Security cards.  

Located in the Atlanta metropolitan area, the 9th largest MSA in the United States with a population of over 6 million, the Morrow SSA Branch Office benefits from a central location and is positioned with immediate access to Highway 54 and Interstate 75, with surrounding tenants that include the Department of Motor Vehicles, Sam’s Club, Walmart Supercenter, Home Depot, Chipotle, Chick-fil-A, Publix Super Market, and many more.