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15459416
15459415

70 Bond St, Springfield, MA 01104

FF
MA 9​0​6​0​6​1​5
Opal Real Estate Group
Listed by Opal Real Estate Group
Unpriced
832 days on market
Updated 90 days ago

Social Security Administration Building Price Drop

Details
Property Type Office
Sub Type Traditional Office
Square Footage 20,292
Net Rentable (SqFt) 20,208
NOI $558,563
Occupancy 100%
Tenancy Single
Brand/Tenant Social Security Administration, GSA
Lease Type Modified
Lease Term 5
Lease Options 5
Year Built 2005
Year Renovated 2022
Buildings 1
Stories 1
Investment Type Institutional
Tenant Credit Credit Rated

New Renovation | Social Security Administration

Marketing description

GSA Recently Renewed for 5 Years Firm, with a second 5 Year Soft Term with 120 day notice. New renovations completed in 2022 brought the building into the 21st Century with an entirely new HVAC system, alarm and cctv systems, flooring, paint and layout.

Investment highlights

New layout for better security and customer flow.

All new roof top units and control system.

New security system and monitoring system.

New flooring and paint.

Renovated break room.

New parking lot lighting.

Listing Contacts

FF
MA 9​0​6​0​6​1​5
Opal Real Estate Group
Listed by Opal Real Estate Group

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$558,563.00
$46,546.92/mo

Valuation Metrics

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