23311 Madero - Office FOR SALE
Mission Viejo, CA 92691 |
23311 Madero
Mission Viejo, CA 92691
HIGHLIGHTS
- U.S. FEDERAL GOVERNMENT CREDIT- Lease guaranteed by U.S. Federal Government, featuring an Aaa credit rating and unrivaled income security
- NEW 20-YEAR LEASE TERM- First-generation lease for new 20-year term (15 years firm, with no termination rights),occupied by U.S. SSA
- SOCIAL SECURITY OFFICE EXPANSION AND RELOCATION- The subject property is an expansion and relocation of existing Social Security services within area
- 2022 REDEVELOPMENT- Complete redevelopment for Social Security with completion in 2022, constructed to meet specific requirements of the tenant
- SIGNIFICANT TENANT IMPROVEMENTS- Over $1.7 million in new tenant improvements with funding by SSA, demonstrating significant tenant investment
- AFFLUENT, INFILL LOCATION in ORANGE COUNTY, CALIFORNIA- Exceptionally rare offering of a U.S. Govt facility in an affluent California location
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Social Security Administration
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
14540
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
1.12 AC AC
LAND SF
48,787 SF
ZONING
-
APN/PARCEL ID
809-551-03
