Single-Tenant Office
Mine Safety & Health Administration
1664 Pond Fork Rd, Madison, WV 25130
Listing Price: $1,332,360
Cap Rate
8.00%
Gross SF
9,407
Rentable SF
9,407
Price/Gross SF
$141.63
Lot Size
13.98 acres
Year Built
1981
Investment Overview
We're pleased to present the offer for the Mine Safety and Health Administration property in Madison, WV.
Mine Safety & Health Administration
Investment Highlights
- New 10-Year (Eight Firm) Lease Renewal Commenced in June 2022 | GSA Lease (U.S. Government credit, AA+ S&P) – Mine Safety and Health Administration (MSHA)
- $60,000 Recently Invested for New Roof Coating, New HVAC Units, New PVC Gutter Drains, All LED Lighting and an Electronic Door Lock, Installed from August 2023 through May 2024. New Septic Line &Tank
- GSA Invested Over $163,000 in Tenant Improvements For Paint and Carpet Upgrades in 2022
- 2022 Restroom Renovations, Roof Repairs and Replaced an HVAC Unit
- Strong Fit for Renewal and 10(8) Lease Allowed GSA to Accept This via AAAP, thus Expediting Procurement and Avoiding GSA's Typical Ad and Survey Lease Acquisition Process
- Seller Financing Available at Five Percent Interest Rate for Part of the Purchase | Pricing Includes Tenant Improvement
- ADA Approved Facility
- MSHA Develops and Enforces Safety and Health Rules for All US Mining Operations
Broker of Record
-
Grant Fitzgerald
Vice President/Regional Manager
Financing By
Listing Price: $1,332,360
Cap Rate
8.00%
Gross SF
9,407
Rentable SF
9,407
Price/Gross SF
$141.63
Lot Size
13.98 acres
Year Built
1981
Investment Highlights
- New 10-Year (Eight Firm) Lease Renewal Commenced in June 2022 | GSA Lease (U.S. Government credit, AA+ S&P) – Mine Safety and Health Administration (MSHA)
- $60,000 Recently Invested for New Roof Coating, New HVAC Units, New PVC Gutter Drains, All LED Lighting and an Electronic Door Lock, Installed from August 2023 through May 2024. New Septic Line &Tank
- GSA Invested Over $163,000 in Tenant Improvements For Paint and Carpet Upgrades in 2022
- 2022 Restroom Renovations, Roof Repairs and Replaced an HVAC Unit
- Strong Fit for Renewal and 10(8) Lease Allowed GSA to Accept This via AAAP, thus Expediting Procurement and Avoiding GSA's Typical Ad and Survey Lease Acquisition Process
- Seller Financing Available at Five Percent Interest Rate for Part of the Purchase | Pricing Includes Tenant Improvement
- ADA Approved Facility
- MSHA Develops and Enforces Safety and Health Rules for All US Mining Operations
Investment Overview
We're pleased to present the offer for the Mine Safety and Health Administration property in Madison, WV.
Broker of Record
-
Grant Fitzgerald
Vice President/Regional Manager
Financing By
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