1403 S Division St
Blytheville, AR 72315
Social Security Admin. | New 15-Year Lease · Office Property For Sale

Brand New 15-Year Lease Extension (10-Year Firm Term) With Minimal Landlord Responsibilities • In 2019, the United States Government signed a brand-new long-term lease extension showing their commitment to this location. • Modified gross lease with annual Operating Costs reimbursement adjustments. Very minimal, if any, expenses pass through to Landlord. • Single tenant occupancy provides ease of management and ability to forecast future cash flows. Complete Remodel In 2019 • In 2019, the GSA completed a major remodel to the existing building, prompting the long-term extension and securing their long-term commitment to the site. • GSA, with a Landlord contribution, paid $367, 762 in tenant improvements for the remodel. Investment Grade And “Amazon Proof” Tenant –Attractive Return • The tenant, The United States Government, is investment grade with a Moody’s rating of “Aaa”, providing the ultimate peace of mind for any passive, conservative investor. • This GSA tenant is e-commerce proof – an excellent investment alternative to uncertain retailers. • This investment provides an attractive return over the 10-Year Treasury yield at 1.88%, while the property appreciates in value. Same guarantor, much better return and upside. Strong Investment Fundamentals • New modified gross lease in place with the tenant reimburses landlord for most NNN expenses. • Ideal 1031 exchange property. Social Security Administration • In 2019, approximately 64 million Americans will receive over one trillion dollars in Social Security benefits. • Nearly 9 out of 10 individuals age 65 and older will receive Social Security benefits. Strategic Location With Regional Draw – Bordering Multiple State • This site is strategically located in NE Arkansas, bordering Tennessee, Missouri, Kentucky and Mississippi • Located just one hour from Memphis, TN and less than 3 hours to the State capitol, Little Rock.