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Executive Summary

2603 Riverside Drive presents an investor with the opportunity to purchase a stable leased investment with a AAA grade tenant. The building was built for the Social Security Administration in 2004, and has been leased to them continuously since then. In 2019, the General Services Administration signed a brand new 15 year lease for the Premises, indicating their commitment to the property. A major remodel to the building was completed in April 2021, bringing the building up to date and in compliance with all GSA requirements. This investment opportunity offers a stable and attractive investment, where the investor has the advantage of both income and appreciation.
2603 Riverside is situated in a corridor of federal, county and city services.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,450 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,450 SF
Building FAR
0.15
Lot Size
0.66 AC
Opportunity Zone
Yes

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Administration
  • 4,450 SF
  • $71.22 CAD
  • Full Service
  • Aug 2034

La sécurité sociale offre une protection financière à la population du pays, soutenant les Américains tout au long de leur vie. Ils administrent les prestations de retraite, d'invalidité, de survivant et familiales, et inscrivent des personnes à l'assurance-maladie. Ils fournissent également des numéros de sécurité sociale, qui sont des identificateurs uniques nécessaires pour travailler, gérer les transactions financières et déterminer l'admissibilité à certains services gouvernementaux. La Sécurité sociale fournit un revenu de retraite à presque tous les travailleurs américains. Ils administrent également le revenu supplémentaire de sécurité (SSI) à certaines personnes de plus d'un certain âge dont le revenu et les ressources sont limités. Avec les prestations de retraite, d'invalidité et de survivants, la Sécurité sociale est l'un des programmes de lutte contre la pauvreté les plus réussis de l'histoire du pays. La Sécurité sociale s'est engagée à contribuer au maintien du bien-être et de la protection de base des personnes qu'elle sert. Ils versent des prestations à des millions de personnes, y compris des retraités, des enfants, des veuves et des veufs.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Public Administration 4,450 SF $71.22 CAD Full Service Aug 2034
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
105-350-066-000
Land Assessment
$203,280 CAD
Improvements Assessment
$1,404,734 CAD
Total Assessment
$1,608,014 CAD
  • Listing ID: 21425646

  • Date on Market: 2020-11-05

  • Last Updated:

  • Address: 2603 Riverside Dr, Susanville, CA 96130

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