Office Property For Sale - Social Security Administration

2620 Krafft Road, Fort Gratiot, MI, 48059

 

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Social Security Administration

2620 Krafft Road, Fort Gratiot, MI 48059

Social Security Administration
  • N/A
  • 12,075 SF
  • Office
  • Institutional/ Governmental
  • Office Building
  • Net Lease Investment with 9 years left on lease
  • 8.50%
  • 100%
  • 1
  • A
  • Single
  • 2007
  • 1.99 AC
Last Verified  9/17/2009 Listing ID  16063450

Highlights

  • Built-To-Suit To Goverment Specifications On 10-Year Initial Lease Commenced 10/07
  • U.S. Government Tenancy Is The Highest Quality Available
  • Recent Move By GSA TO A New Facility Promises To Be A Long Term Tenancy
  • Set In Suburban Port Huron, Minutes From The Blue Water Bridge
  • Quality Construction W/Attractive Split-Faced Decorative Brick And Architectural Accents
  • Great Location Right Off The Primary Retail Corridor

Description

This 12,075 square foot office opportunity is leased in its entirety to the United States Social Security Administration. The property offers an investor the opportunity to realize long-term stabilized cash flow with the highest credit tenant available, the United States Government. This sharp, white split-faced brick facility is ideally situated on 1.9 acres just off the State Highway 25 (24th Ave) retail corridor. The surrounding landscaping is attractive and well-maintained. There are two parking lots, in front on Krafft Road and in the rear off an entry road. The lease is gross in structure with the Government paying for operating and tax expense increases over the base amounts.

A north suburb of Port Huron and just five minutes from the Blue Water Bridge to Canada, Fort Gratiot is where the whole population surrounding Port Huron from all directions comes to shop, eat and enjoy the entertainment opportunities. From its beginnings as a military fort nearly two centuries ago, the Charter Township of Fort Gratiot has grown into a thriving community of over 11,000 and is home to the largest commercial and retail corridor in St. Clair County. Immediately in the vicinity of the Social Security buildings are all big box retailers, malls, restaurants and shopping opportunities of all kinds. Also, with nature preserves, trails, ponds, bike paths, parks, beaches and recreation areas, the Township has enough for people to enjoy all four seasons. Small Town Charm With Big City Opportunities!

Map of 2620 Krafft Road, Fort Gratiot, MI 48059 (Saint Clair County)

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Created 1/19/2009

Additional Information for 2620 Krafft Road, Fort Gratiot, MI 48059

  • Active For Sale - 0 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 1 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

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