201 St. Michael St, Mobile, AL
4A Farm Colony Dr, Warren, PA
84 N Main St, Freeport, NY
6669 Short Ln, Gloucester, VA
415 Green St, Craig, CO
201 St. Michael St, Mobile, AL
4A Farm Colony Dr, Warren, PA
84 N Main St, Freeport, NY
6669 Short Ln, Gloucester, VA
415 Green St, Craig, CO
201 St. Michael St, Mobile, AL
4A Farm Colony Dr, Warren, PA
84 N Main St, Freeport, NY
6669 Short Ln, Gloucester, VA
415 Green St, Craig, CO
GSA Leased Portfolio Opportunity
$16.1M
Portfolio PRICE
8.52%
CAP RATE
Kidder Mathews is pleased to offer the unique opportunity to acquire a five (5) property General Services Administration (GSA) leased portfolio. The properties are located across five states and occupied by five separate federal agencies, providing both operational and geographic diversity.
The GSA leased collection offers recession-resilient (Moody’s AAA Rating) cash-flow from a diverse mix of federal agencies that include the Social Security Administration (SSA), Mine Safety and Health Administration (MSHA), US Army Corps (USACE), the U.S. Department of Interior Fish and Wildlife Service (USFWS), and the U.S. Forest Service (USFS).
The five GSA leased properties total 89,092 square feet with a remaining weighted average lease term of 3.7 years. Each of these buildings were purpose built to strict GSA specifications and have been leased by the GSA for multiple decades; making long-term prospective occupancy highly likely.
Property | Tenant | Total SF | Remaining Term | More Info | |
---|---|---|---|---|---|
01 | 201 St. Michael St, Mobile, AL 36602 | USACE | 39,468 SF | 2.9 years | View Details |
02 | 4A Farm Colony Dr, Warren, PA 16365 | USFS | 22,006 SF | 4.6 years | View Details |
03 | 84 N Main St, Freeport, NY 11520 | SSA | 12,009 SF | 4.9 years | View Details |
04 | 6669 Short Ln, Gloucester, VA 23061 | USFW | 11,281 SF | 3.0 years | View Details |
05 | 415 Green St, Craig, CO 81625 | MSHA | 4,328 SF | 1.7 years | View Details |
Leases guaranteed by the full faith and credit of the United States of America, featuring an AAA credit rating. These government leased assets offer a stable portfolio backed by the most attractive credit in the world.
With five mission critical facilities located across five states (AL,PA,VA,NY & CO) and occupied by five separate federal agencies (USACE, USFS, SSA, USFWS & MSHA), the portfolio consists of assets that are diverse in both operations and market locations.
Most of the portfolio assets were build-to-suit construction, enhancing probabilities for long-term occupancy.
Throughout the tenancy of these agencies, the owners have invested large sums into capital improvements and tenant improvements requested by each entity. This provides a high confidence level of continued renewals.
ADDRESS | 201 St. Michael St, Mobile, AL |
YEAR BUILT | 1995 |
RENTABLE SF | 39,468 |
TENANT | US Army Corps of Engineers |
SITE SIZE | 0.60 AC |
Remaining Lease Term | 2.9 years |
APN | 34 02 09 0 000 009.246 |
ZONING | T-5.2, Mixed Use District of Medium Intensity |
ADDRESS | 84 N Main St, Freeport, NY |
YEAR BUILT | 1963/1995 |
RENTABLE SF | 12,009 |
TENANT | Social Security Administration |
SITE SIZE | 0.53 AC |
Remaining Lease Term | 4.9 years |
APN(S) | 55-236-01-0208; 55-236-01-0207 |
ZONING | Commercial, Offices-Services |
ADDRESS | 4A Farm Colony Dr, Warren, PA |
YEAR BUILT | 2008 |
RENTABLE SF | 22,006 |
TENANT | United States Forest Service |
SITE SIZE | Site Size 2.37 AC |
Remaining Lease Term | 4.6 years |
APN | WN-005-461000-000 |
ZONING | I, Industrial |
ADDRESS | 415 Green St, Craig, CO |
YEAR BUILT | 1995 |
RENTABLE SF | 4,328 |
TENANT | Department of Labor | Mine Safety & Health Administration |
SITE SIZE | 0.59 AC |
Remaining Lease Term | 1.7 years |
APN | R009434 |
ZONING | I-1, Light Industrial |