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23311 Madero
Mission Viejo, CA 92691
Social Security Administration · Office Property For Sale
Investment Highlights
- U.S. FEDERAL GOVERNMENT CREDIT- Lease guaranteed by U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security
- SOCIAL SECURITY OFFICE EXPANSION AND RELOCATION- The subject property is an expansion and relocation of existing Social Security services within area
- SIGNIFICANT TENANT IMPROVEMENTS- Over $1.7 million in new tenant improvements with funding by SSA, demonstrating significant tenant investment
- NEW 20-YEAR LEASE TERM- First-generation lease for new 20-year term (15 years firm, with no termination rights),occupied by U.S. SSA
- 2022 REDEVELOPMENT- Complete redevelopment for Social Security with completion in 2022, constructed to meet specific requirements of the tenant
- AFFLUENT, INFILL LOCATION in ORANGE COUNTY, CALIFORNIA- Exceptionally rare offering of a U.S. Govt facility in an affluent California location
Property Facts
Property Type
Office
Building Size
14,540 SF
Building Class
C
Year Built/Renovated
1987/2022
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,270 SF
Building FAR
0.30
Lot Size
1.12 AC
Zoning
Business Park/Industrial
Parking
54 Spaces (3.71 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Security System
- Signage
- Skylights
- Kitchen
- Automatic Blinds
- Roof Terrace
- Storage Space
- Central Heating
- Fully Carpeted
- High Ceilings
- Natural Light
- Partitioned Offices
- Plug & Play
- Reception
- Recessed Lighting
- Secure Storage
- Shower Facilities
- Drop Ceiling
- Monument Signage
- Sky Terrace
- Outdoor Seating
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 809-551-03 | Improvements Assessment | $2,815,375 |
| Land Assessment | $7,110,041 | Total Assessment | $9,925,416 |
Property Taxes
Parcel Number
809-551-03
Land Assessment
$7,110,041
Improvements Assessment
$2,815,375
Total Assessment
$9,925,416
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