SOCIAL SECURITY ADMIN

1070 Vendall Rd, Dyersburg, TN 38024
$1,100,000

Cap Rate
8.85%
Price Per SF
$121
Year Built
2002
Leasable Area
9,036 SF
Term Remaining
3 YRS
NOI
$97,369

Broker of Record

  • Kyle Matthews
  • License No. 263667 (TN)
  • (310) 919-5757
  • Matthews Real Estate Investment Services
  • 841 Apollo Street Suite 150,
    El Segundo, CA 90245

INVESTMENT HIGHLIGHTS

  • Single Tenant property leased to the U.S. Federal Government, which is rated Aaa by Moody’s Investor Services
  • Social Security Administration (SSA) has occupied the location since 2002
  • In 2019, approximately 64 Million Americans will receive over one trillion dollars in Social Security benefits.
  • Nearly Nine out of Ten individuals age 65 and older receive Social Security benefits
  • Strong Retail Community with surrounding tenants including Kroger, O’Reilly Auto Parts, Wendy’s, CVS, McDonald’s, Chick-fil-A, KFC and more
  • Only SSA within Dyersburg, supporting a local population of over 17,000 residents