Social Security Administration

U.S. Government-Anchored Tenancy (Aaa Credit): Anchored by the Social Security Administration and supported by the United States Department of Agriculture, the leases are backed by the full faith and credit of the United States Government (AAA-rated by Moody’s), providing exceptional income security and reliability.
Recent Lease Extensions With Strong Term Remaining: The SSA has executed a brand-new 5-year lease extension through June 21, 2031, while the USDA lease runs through June 21, 2030. These recent renewals demonstrate tenant commitment and provide stable, government-backed cash flow with minimal near-term rollover risk.
Diversified Tenant Mix With Professional Services Component: In addition to federal tenancy, the property includes McCravy Newlon & Sturkie Law Firm, offering a complementary private-sector income stream and enhancing overall rent diversification.
Strong In-Place Cash Flow With Attractive Yield: Offered at a 9.0% cap rate, the asset presents an opportunity to acquire a government-anchored property at a favorable yield, with potential upside through future lease renewals and income growth.
Essential Government Service Hub: As The Primary Ssa Facility Serving Greenwood and surrounding communities, the office fulfills a critical public service role. The nearest alternative SSA office is approximately ±30 miles away, reinforcing tenant reliance on this location and supporting long-term occupancy.
Strategic Location In Regional Economic Center: Situated in Greenwood, a key commercial and healthcare hub for western South Carolina, the property benefits from consistent demand drivers, including regional population density, government services, supporting consistent demand and long-term viability.

Navigation Menu

Key Information

Highlights

Photos

Location

Agents

Broker of Record

Kyle Matthews