Single-Tenant Office
Social Security Administration
10205 Reading Rd, Cincinnati, OH 45241
Listing Price: $5,154,839
Investment Overview
Marcus & Millichap is pleased to present The Social Security Administration (SSA) office building, located in Cincinnati, Ohio. The single tenant office buildings is 100 percent leased to SSA, a top Federal Government agency. SSA has served in Cincinnati since 2010, and has Over 11 years remaining on the lease, with One, 5-year renewal options. The 2009 developed facility sits on Reading Road which has an average daily vehicle count of 16,772 with easy accessibility from I-75 being under 2 miles away. SSA is one of the top federal government agencies with over 80,000 employees and an annual budget of 1.4 trillion dollars. The Social Security Administration was established by the Social Security Act of 1935 and has grown to be the largest government program in the United States. SSA provides financial protection to the nation’s people for over 80 years and changes are you either receive Social Security or you know someone who does. With retirement, disability, and survivors' benefits, Social Security is one of the most successful anti-poverty programs in the nation’s history. Cincinnati is home to more than 309,000 people, from which 95.8 percent are citizens. The vibrant city features multiple attractions such as the University of Cincinnati (29k undergrad), multiple sports teams such as the Cincinnati Bengals, and dozens of fortune 500 companies.
Social Security Administration
Investment Highlights
- Tenant "SSA" is a Top Federal Government Agency with Annual Budgetary Resources Over $1.4 Trillion
- Lease Features a Guarantor From the United States of America
- The Social Security Administration has Occupied the Facility Since 2010 and Currently have 11.1 Years Remaining on their Lease with Annual Rent Increases Every Two Years
- Over 81,000 People Reside Within a Five-Mile Radius and Within a Two-Mile Radius the Median Home Value is Over $179 Thousand
- Over 70 Million People Received Benefits from Programs Administered by the Social Security Administration in 2021
Listing Price: $5,154,839
Investment Highlights
- Tenant "SSA" is a Top Federal Government Agency with Annual Budgetary Resources Over $1.4 Trillion
- Lease Features a Guarantor From the United States of America
- The Social Security Administration has Occupied the Facility Since 2010 and Currently have 11.1 Years Remaining on their Lease with Annual Rent Increases Every Two Years
- Over 81,000 People Reside Within a Five-Mile Radius and Within a Two-Mile Radius the Median Home Value is Over $179 Thousand
- Over 70 Million People Received Benefits from Programs Administered by the Social Security Administration in 2021
Investment Overview
Marcus & Millichap is pleased to present The Social Security Administration (SSA) office building, located in Cincinnati, Ohio. The single tenant office buildings is 100 percent leased to SSA, a top Federal Government agency. SSA has served in Cincinnati since 2010, and has Over 11 years remaining on the lease, with One, 5-year renewal options. The 2009 developed facility sits on Reading Road which has an average daily vehicle count of 16,772 with easy accessibility from I-75 being under 2 miles away. SSA is one of the top federal government agencies with over 80,000 employees and an annual budget of 1.4 trillion dollars. The Social Security Administration was established by the Social Security Act of 1935 and has grown to be the largest government program in the United States. SSA provides financial protection to the nation’s people for over 80 years and changes are you either receive Social Security or you know someone who does. With retirement, disability, and survivors' benefits, Social Security is one of the most successful anti-poverty programs in the nation’s history. Cincinnati is home to more than 309,000 people, from which 95.8 percent are citizens. The vibrant city features multiple attractions such as the University of Cincinnati (29k undergrad), multiple sports teams such as the Cincinnati Bengals, and dozens of fortune 500 companies.
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