108 W North St, Spencer, NE 68777

This offering presents the opportunity to acquire a single-tenant USDA Farm Service Agency (FSA) office located in Spencer, Nebraska, a rural community in Boyd County in the northeastern part of the state. The property is leased to the federal government, providing investors with reliable, government-backed income in a market supported by agriculture.

The Spencer FSA office has been operational for over 34 years, serving as a critical hub for USDA services to local farmers and landowners. The office administers key federal programs, including farm loans, crop support, disaster relief, and conservation services, all vital to the sustainability and growth of agricultural operations in the area. The long-term presence of the USDA in Spencer reflects the enduring importance of this location to the local agricultural community.

Spencer is situated in a region where agriculture is the backbone of the economy, particularly focused on row crops and livestock. The property complies with USDA’s strict facility requirements, ensuring the office’s ability to serve the community effectively and minimizing the likelihood of relocation. This combination of established tenancy and strong ties to the community reinforces the long-term stability of the investment.

The lease is full-service, with the landlord responsible for certain operating expenses. This structure, typical in USDA leases, supports tenant satisfaction and long-term occupancy.