103 MBL Bank Dr - Office FOR SALE


Minden, LA 71055
$2,788,000 USD
832-368-0374
103 MBL Bank Dr, Minden, LA for Sale
$2,788,000 USD
Office - FOR SALE
1/5
null | 7.5% Cap Rate

103 MBL Bank Dr
Minden, LA 71055


HIGHLIGHTS

  • U.S. Government Credit
  • Long-Term Lease Comitment & 16-Year Tenure
  • Purpose-Built Government Facility
  • Strategic Regional Office / Strong Market Fundamentals
  • Excellent Regional Accessibility
  • Established Retail & Medical Corridor | Stable Demographics

OVERVIEW

Northmarq is pleased to present the opportunity to acquire the fee simple interest in a single-tenant United States Government office facility leased to the Social Security Administration (SSA) and located in Minden, Louisiana (the “Property”). The tenant, the United States of America, carries an investment-grade credit rating of AA+ from Standard & Poor’s and Aa1 from Moody’s, providing investors with the security of one of the highest quality credit tenants in the world.

FOR SALE DETAILS

PRICE

$2,788,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Social Security Administration

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

112866.C

ASK ABOUT THIS PROPERTY

Brian CorristonNorthmarqMore Info
832-368-0374

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Brian CorristonNorthmarqMore Info
832-368-0374

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.