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Faits saillants de l'investissement

  • U.S. Government credit (AA+ S&P credit rating)
  • Build-to-Suit in 2001
  • Long-Term Tenant since 2001
  • High-Quality and Well-Maintained Masonry Building 
  • Lease Renewed for 10-Years effective 5/24/2022
  • Busy Facility Serving all of Rock Island County

Résumé de l'annonce

The Ficke Team of Colliers has been retained to exclusively market for sale the Social Security Administration (SSA) located at 2350 4th Ave., Rock Island, IL  61021.
This single-tenant facility, built-to-suit in 2001, consists of 9,260 rentable square feet.  The site includes 0.47 acres and is an extremely busy facility.  The GSA/SSA executed a 10-year, 5-year firm term renewal effective May 24, 2022, with the firm term expiring May 24, 2027, and full term expiring 5/24/2032, illustrating their commitment to the location.  There were no tenant improvement requirements for this well-maintained building.  Serving all of Rock County Illinois, the next closest SSA to Rock Island Illinois is 38 miles in Galesburg Illinois.  This lease provides investors with a stable cash flow from this long-term U.S. Government tenant (AA+ S&P credit rating).  
Rock Island is part of the Quad Cities area, which consists of Rock Island, Moline, and East Moline in Illinois, and Davenport and Bettendorf on the Iowa side of the river. The Quad Cities area combined population is close to 400,000.  The area has major, private sector employers ranging from global manufacturing giants to food suppliers, from aerospace to defense. The Quad Cities comprises several close municipalities in eastern Iowa and western Illinois. It is easily accessible by rail, barge, and air and sits at the junction of Interstates 74, 80, and 88.  This mid-sized metropolitan area is large enough for a great transportation infrastructure, cultural attractions, and high quality of life, yet small enough for ease of travel, low cost of living, and low crime rate.

Pièces jointes

OM - SSA Rock Island

Faits sur la propriété

Type de vente
Investissement
Type de propriété
Bureau
Taille du bâtiment
9 260 pi²
Classe d’immeuble
B
Année de construction
2001
Prix
1 787 540 $ CAD
Prix par pi²
193,04 $ CAD
Taux de capitalisation
8%
Revenu net d’exploitation
143 009 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Superficie de plancher typique
9 260 pi²
Coefficient d’occupation des sols de l’immeuble
0,45
Taille du lot
0,47 AC
Zonage
RI
Stationnement
36 places (3,89 places par 1 000 pi² loué)

Principaux locataires Cliquez ici pour accéder à

  • Locataire
  • Secteur
  • pi² Occupé
  • Loyer/pi²
  • Type de bail
  • Fin du bail
  • Administration publique
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The Social Security Administration (SSA) is an independent U.S. federal agency headquartered in the Woodlawn area of Baltimore, Maryland. Created in 1935 as part of the New Deal, it administers the nation’s primary social insurance programs, including retirement, survivors, and disability benefits under the Social Security Act, as well as Supplemental Security Income for qualifying aged, blind, and disabled individuals. From its central office complex, SSA oversees national policy, program administration, budget management, and regulatory compliance while coordinating with a nationwide network of field offices, teleservice centers, and processing centers. The headquarters does not typically process individual claims, as local offices handle most public services. SSA operates one of the largest federal programs supporting financial security for millions of Americans.

Locataire Secteur pi² Occupé Loyer/pi² Type de bail Fin du bail
Administration publique - $9.99 Lorem Ipsum Jan 0000
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun relativement accessibles
50/100
Moyennement praticable en vélo
70/100

Impôts fonciers

Impôts fonciers

Numéro de lot
07-35-225-003
Évaluation du terrain
40 862 $ CAD
Évaluation des bâtiments
590 543 $ CAD
Évaluation totale
631 405 $ CAD
  • ID d’inscription: 35290194

  • Date de mise sur le marché: 2025-03-28

  • Dernière mise à jour:

  • Adresse: 2350 4th Ave, Rock Island, IL 61201

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