Single-Tenant Office
Social Security Administration | Attractive Yield with Built-In Upside
4201 Ramon Rd, Palm Springs, CA 92264
Listing Price: $3,275,000
Gross SF
13,100
Rentable SF
13,100
Price/Gross SF
$250.00
Lot Size
1.56 acres
Year Built
2004
Investment Overview
We're pleased to present the offering for the Social Security Administration located in Palm Springs, California.
Social Security Administration | Attractive Yield with Built-In Upside
Investment Highlights
- Secure, Long-Term Government Income: Nearly 20-Year Tenancy by the Social Security Administration with 8.5 Years Remaining, Including 3.5 Years of Firm Term, Providing Stable, Low-Risk Cash Flow
- Attractive Yield with Built-In Upside: Starting June 2026, GSA Reimbursement Increases NOI By $8,286/Month, Boosting the Cap Rate to 6.86 Percent Through the Remainder of the lease
- Priced Below Market Value: Both A 2024 Independent Appraisal and Riverside County Assessed Value Exceed the Current Asking Price—Offering Immediate Value and Downside Protection
- Future Re-Tenanting or Redevelopment Optionality: Situated on a Large 1.56-Acre Parcel, the Property Offers Flexibility for Re-Tenanting At Market Rates or Repositioning After SSA Occupancy
- Best-in-Class Asset for the Market: Modern 2004 Construction in a Supply-Constrained Office Market (95 Percent Occupancy) Dominated by Outdated 1960s Buildings. One of The Few 10,000–20,000 SF Office Assets in the Coachella Valley
- Prime, High-Visibility Location: Located on Ramon Road at a Four-Way Signalized Intersection—One of the Valley's Main Commercial Corridors with Excellent Access to I-10 and Highway 111
- Proximity to Major Economic Engine: Directly South of Palm Springs International Airport, a $2.5B Economic Driver with a Planned $2.2B Expansion Expected to Double Passenger Capacity and Further Strengthen Demand
Single-Tenant Office
Social Security Administration | Attractive Yield with Built-In Upside
Listing Price: $3,275,000
Gross SF
13,100
Rentable SF
13,100
Price/Gross SF
$250.00
Lot Size
1.56 acres
Year Built
2004
Investment Highlights
- Secure, Long-Term Government Income: Nearly 20-Year Tenancy by the Social Security Administration with 8.5 Years Remaining, Including 3.5 Years of Firm Term, Providing Stable, Low-Risk Cash Flow
- Attractive Yield with Built-In Upside: Starting June 2026, GSA Reimbursement Increases NOI By $8,286/Month, Boosting the Cap Rate to 6.86 Percent Through the Remainder of the lease
- Priced Below Market Value: Both A 2024 Independent Appraisal and Riverside County Assessed Value Exceed the Current Asking Price—Offering Immediate Value and Downside Protection
- Future Re-Tenanting or Redevelopment Optionality: Situated on a Large 1.56-Acre Parcel, the Property Offers Flexibility for Re-Tenanting At Market Rates or Repositioning After SSA Occupancy
- Best-in-Class Asset for the Market: Modern 2004 Construction in a Supply-Constrained Office Market (95 Percent Occupancy) Dominated by Outdated 1960s Buildings. One of The Few 10,000–20,000 SF Office Assets in the Coachella Valley
- Prime, High-Visibility Location: Located on Ramon Road at a Four-Way Signalized Intersection—One of the Valley's Main Commercial Corridors with Excellent Access to I-10 and Highway 111
- Proximity to Major Economic Engine: Directly South of Palm Springs International Airport, a $2.5B Economic Driver with a Planned $2.2B Expansion Expected to Double Passenger Capacity and Further Strengthen Demand
Investment Overview
We're pleased to present the offering for the Social Security Administration located in Palm Springs, California.
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