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409 George Kostas Dr
Logan, WV 25601
Mine Safety & Health Administration Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- • Occupied by the U.S. Department of Labor’s Mine Safety and Health Administration
- • Secured under a firm lease term extending through June 2032
- • Property offers modern administrative and training space that directly supports the agency's field activities across Southern West Virginia
- • The tenancy is backed by the full faith and credit of the United States Government
- • Constructed in 2017 specifically for MSHA’s operational requirements
EXECUTIVE SUMMARY
This offering presents a rare opportunity to acquire a secure, government-leased facility in Southern West Virginia. The property is fully occupied by the U.S. Department of Labor’s Mine Safety and Health Administration (MSHA), with tenancy backed by the full faith and credit of the United States Government. A firm lease term extends through June 2032, providing long-term stability and predictable income for investors.
Constructed in 2017, the building was purpose-built to meet MSHA’s specialized operational requirements. It features modern administrative and training spaces designed to support the agency’s critical field activities throughout the region. Combining federal credit strength, a mission-specific design, and strategic regional importance, this property represents an exceptional investment opportunity.
Constructed in 2017, the building was purpose-built to meet MSHA’s specialized operational requirements. It features modern administrative and training spaces designed to support the agency’s critical field activities throughout the region. Combining federal credit strength, a mission-specific design, and strategic regional importance, this property represents an exceptional investment opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
12,994 SF
Building Class
B
Year Built
2017
NOI
$252,260
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,994 SF
Building FAR
0.30
Lot Size
1.00 AC
Parking
59 Spaces (4.54 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 23-05- 11-0001.0008 | Improvements Assessment | $570,120 |
| Land Assessment | $342,000 | Total Assessment | $912,120 |
PROPERTY TAXES
Parcel Number
23-05- 11-0001.0008
Land Assessment
$342,000
Improvements Assessment
$570,120
Total Assessment
$912,120
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