Social Security Portfolio

Tenant

U.S. Social Security Administration

Location

Various, US

Price

Unstated

CAP Rate

Unstated

Lease Term

Unstated

Occupancy

94%

Building Size

76,665 SQ FT

Property Type

Office

Year Built

Unstated

Lot Size

Unstated

Status

Under Contract

Property Contacts:

Travis Trautvetter

Executive Vice Chairman - Capital Markets

858 367 5105 | Email

Jake Trautvetter

Senior Director – Capital Markets

858 367 5102 | Email

Kari Fiske

Senior Brokerage Specialist

858 367 5450 | Email

PORTFOLIO OFFERING of RECENT VINTAGE, BUILD-TO-SUIT SSA BRANCH OFFICES
Collection of six single-tenant U.S. Social Security Administration Branch Office locations in Arkansas, Ohio, Indiana, and Illinois, each recently constructed between 2007 – 2010 on a build-to-suit basis for SSA

U.S. FEDERAL GOVERNMENT CREDIT
100% leased to the U.S. Federal Government, guaranteed by the full faith and credit of the United States of America, featuring an Aaa credit rating and unrivaled income security

RECENT LEASE RENEWALS
Multiple leases were recently renewed, demonstrating the long-term commitment by SSA to these locations

ASSET VALUES BELOW REPLACEMENT COST
Competitive in-place rental rates result in asset values below replacement cost, creating a significant advantage for future retention of SSA in lease renewals and a material barrier to competition