Single-Tenant Office

Social Security Administration

2383 Sunset Dr, Grenada, MS 38901

Listing Price: $2,200,000

Cap Rate
8.03%
Gross SF
8,946
Rentable SF
8,946
Price/Gross SF
$245.92
Lot Size
1.00 acres
Year Built
2009

Investment Overview

Marcus & Millichap is pleased to bring to market a single-tenant government office building occupied by the United States Social Security Administration.

The property is an 8,946-square foot single-story office building located just west of Interstate 55 on Sunset Drive (Highway 8) in Grenada, Mississippi.

The Social Security Administration (SSA) is an independent agency of the United States federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivor benefits. The annual budget for fiscal year 2018 was increased to $1.06 trillion which is higher than the previous year

Investment Highlights

  • Single-Tenant Investment Property With AAA Credit (Fitch/Moody's/S&P) - US Government
  • Only Social Security Administration Building Within a 30-Mile Radius
  • Property Located in Grenada Less Than One Mile Rrom Interstate 55 on Highway 8
  • Over FiveYears Remain on Initial Lease Term

Exclusively Listed By

Single-Tenant Office

Social Security Administration

Listing Price: $2,200,000

Cap Rate
8.03%
Gross SF
8,946
Rentable SF
8,946
Price/Gross SF
$245.92
Lot Size
1.00 acres
Year Built
2009

Investment Highlights

  • Single-Tenant Investment Property With AAA Credit (Fitch/Moody's/S&P) - US Government
  • Only Social Security Administration Building Within a 30-Mile Radius
  • Property Located in Grenada Less Than One Mile Rrom Interstate 55 on Highway 8
  • Over FiveYears Remain on Initial Lease Term

Investment Overview

Marcus & Millichap is pleased to bring to market a single-tenant government office building occupied by the United States Social Security Administration.

The property is an 8,946-square foot single-story office building located just west of Interstate 55 on Sunset Drive (Highway 8) in Grenada, Mississippi.

The Social Security Administration (SSA) is an independent agency of the United States federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivor benefits. The annual budget for fiscal year 2018 was increased to $1.06 trillion which is higher than the previous year

Exclusively Listed By

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