Social Security (SSA) Mine Safety & Health (MSHA) Offices
Office | 8,365 SqFt
Marketing description
Seize this exclusive investment opportunity to acquire the fee simple interest in two prime properties, leased by the U.S. Federal Government, located in the heart of Fort Dodge, IA. These properties are tenanted by the Social Security Administration (SSA) and the Mine Safety & Health Administration (MSHA), offering a stable and secure investment backed by the full faith and credit of the U.S. Government.
Property Details:
Address:
2315 2nd Ave N, Fort Dodge, IA 50501
1615 Central Ave, Fort Dodge, IA 50501
Rentable Area:
SSA: 5,260 SF
MSHA: 3,105 SF
Land Area:
SSA: 1.35 Acres
MSHA: 0.32 Acres
Lease Type: Modified Gross
Lease Term Remaining:
SSA: Approximately 4.3 Years
MSHA: Approximately 12.9 Years
Ownership: Fee Simple
Location Highlights:
These properties are strategically located in Fort Dodge, IA, with easy access to major roads and essential amenities:
Close proximity to Fort Dodge Regional Airport
Nearby recreational areas such as Snell-Crawford Park and Becker Wildlife Area
Convenient access to UnityPoint Health Trinity Regional Medical Center
Strong local economy with projected population growth and increasing household incomes
Investment highlights
Stable Federal Government Tenants: Leases guaranteed with the full faith and credit of the U.S. Government (S&P AA+ credit rating).
Long-Term Operating History: Both properties were built-to-suit for the General Services Administration in 2002 & 2003, ensuring they meet specific governmental standards and requirements.
Essential Service Providers: The SSA and MSHA provide crucial services to the community, contributing to the properties' long-term viability and importance within the area.
Low Tenant Turnover: Government agencies tend to remain in the same location for extended periods, minimizing tenant turnover and reducing the costs and hassles associated with finding new tenants.
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