Terre Haute Federal Portfolio

Tenant

U.S. District Court | U.S. Social Security Administration

Location

Terre Haute, Indiana

Price

Unstated

CAP Rate

Unstated

NOI

Unstated

Lease Term

5 Years (U.S. District Court) | 10.5 Years (U.S. Social Security Admin)

Occupancy

100%

Building Size

23,883 SQ FT

Property Type

Office

Year Built

2009 (U.S. District Court) | 2003 (U.S. Social Security Admin)

Lot Size

Unstated

Status

Closed

U.S. GOVERNMENT CREDIT
Leases guaranteed by the full faith and credit of the United States of America, featuring a Moody’s Aaa credit rating and unrivaled income security

BUILD-TO-SUIT CONSTRUCTION
Built-to-suit facilities for U.S. Courts and U.S. Social Security, constructed according to tenant-specific requirements and strict security and building standards of the U.S. Federal Government

ESSENTIAL FACILITY FOR U.S. COURTS
The Terre Haute Division of the U.S. Courts Southern District of Indiana houses four District Judges, three Senior District Judges, and three Magistrate Judges, and is responsible for the Counties of Clay, Greene, Knox, Owen, Parke, Putnam, Sullivan, Vermillion, and Vigo

HIGH DEMAND LOCATION for SOCIAL SECURITY SERVICES
Terre Haute Social Security Administration office draws from a demographic base in Vigo County that includes over 14,000 residents that receive Social Security Income, over 3,200 residents with Supplemental Security Income, and nearly 23,000 residents with Medicaid Coverage (22% of population)

DOWNTOWN LOCATION
Located in downtown Terre Haute, within blocks of the Indiana State University campus (undergraduate enrollment of 6,224 in 2024), and surrounded by a variety of government agencies, restaurants, shops, and local area attractions