Historical Office Sale Listing - Social Security Administration

Office For Sale

This Office property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Office For Sale, Statesboro, GA or Georgia

Social Security Administration

1050 Brannen Street, Statesboro, GA 30458

N/A

8,086 SF | Office

  • Print

Office Property - Off Market

Price:
N/A
Building Size:
8,086 SF
Property Type:
Office
Property Sub-type:
Institutional/ Governmental
Property Use Type:
Net Lease Investment with
10+ years left on lease
Building Class:
B
Tenancy:
Single
Lot Size:
2.26 AC
Listing ID
16900075
Last Updated
over 1 year ago

Description

This Social Security field office was built in 2008 at a location selected by the tenant and subject to a ten year lease. In the start of year six of the lease, the tenant has a 60-day cancellation right. According to statistics maintained by the federal government regarding lease tenancies, over 95 percent of all government agencies remain through their full initial term, option periods and beyond. The average occupancy time of a goverment agency at any one location is over 22 years.

The city of Statesboro is the county seat for Bulloch County, Georgia. Statesboro's population is around
22,700. The town is best known for its local University, Georgia Southern. With over 19,000 academic
students, it is South Georgia's largest university. Just 45 miles west of Savannah, Georgia, Georgia's bustling Port City, Statesboro is also home to one of Walmart's Regional Distribution Centers. According to the city's Chamber website "We are home to the largest Walmart distribution center in the United States. In handling all imported products offered in the Walmart stores, the close proximity to the Savannah Ports, interstates, and rail were a major determining factor to build here."

Map of 1050 Brannen Street, Statesboro, GA 30458 (Bulloch County)

Research for 1050 Brannen Street, Statesboro, GA 30458 (Bulloch County)

  • Demographics – Population, income & other demographics near 1050 Brannen Street
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building