- Details
- Investment Highlights
- Description
Tenant
U.S. District Court | U.S. Social Security Administration
Location
Terre Haute, Indiana
Price
Unstated
CAP Rate
Unstated
NOI
Unstated
Lease Term
6 Years (U.S. District Court) | 12 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
Avaliable
Property Contacts:
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 7,653 in 2021), and surrounded by a variety of government agencies, restaurants, shops, and local area attractions