SSA District Office of Disability & Adjudication Review
Government-Anchored AA+ S&P Credit | Office | 49,370 SqFt
Marketing description
Jones Lang LaSalle (JLL) government leased advisors are pleased to present the opportunity to acquire 4344 Carmichael (The Asset), a premier two-story office building in Montgomery, Alabama 100% leased by the GSA.
This 49,370-square-foot property offers a secure investment in the near-term with in-place cash flow and a stable income stream backed by a U.S. government lease, with Social Security Administration being the sole tenant at the Asset since 2013.
The Asset was constructed in 2008, and sits on 4.10 acres within the US-231 / US-80 / I-85 corridor of Montgomery. Strategically located just south of I-85 and east of downtown Montgomery, 4344 Carmichael sits along the nexus to Auburn, which is the fastest growing city in Alabama since 2015.
This ideal location allows employees and visitors alike that are coming from east Montgomery, downtown, or Auburn to have a central location to commute to. Lastly, the Asset's location next to I-85 and US-231 enables employees and visitors alike to enjoy the strong retail offerings nearby and convenient ingress and egress.
Investment highlights
- Government-Anchored AA+ S&P Credit
- Stabilized Two-Story Office
- 49,370-square-foot property offers a secure investment in the near-term with in-place cash flow and a stable income stream backed by a U.S. government lease
- Social Security Administration being the sole tenant at the Asset since 2013
- Constructed in 2008, sits on 4.10 acres within the US-231 / US-80 / I-85 corridor of Montgomery
- Strategically located just south of I-85 and east of downtown Montgomery
- 100% Leased
- Investment Grade Tenancy 100%
- 2.8 Years of WALT
- Purpose Built
- 3 Single Tenant GSA acquisition opportunities offered individually or as a portfolio (4344 Carmichael, 131 Clayton, 603 San Juan Ave)
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