Social Security Administration
Tampa, FL
Unstated
Unstated
Unstated
100%
12,113 SQ FT
Office
2018
Unstated
Sold
BENCHMARK PRICING
Achieved aggressive pricing at benchmark cap rate for SSA office transactions.
SOLD TO PRIVATE INVESTOR
All cash transaction, sold to California-based private investor completing 1031 exchange.
NEW LONG-TERM FEDERAL LEASE
15-year lease term with U.S. Federal Government, with 10 years firm.
2018 BUILD-TO-SUIT CONSTRUCTION
New 2018 construction, built according to tenant-specific requirements.
LOCATED IN TAMPA MSA
18th largest MSA in United States, with population exceeding three million.
The Social Security Administration branch office in Seffner, Florida is a new, build-to-suit facility, leased for a new 15-year term to the Federal Government. Located in the Tampa metro area, which is the 18th largest in the United States, this branch office serves an area with strong demand for SSA services.
