Social Security Administration AA+ S&P U.S Govt Credit _Property for Sale
Social Security Administration AA+ S&P U.S Govt Credit _Property for Sale

Social Security Administration AA+ S&P U.S Govt Credit

1940 Sweeney Road, Mount Pleasant, MI, 48858, US

Description

JLL is pleased to present for sale the Social Security Administration facility in Mount Pleasant, Michigan. This institutional-grade investment delivers exceptional security through a U.S. government lease extending through July 31, 2034, backed by the federal government's AA+ S&P credit rating and providing investors with unmatched tenant creditworthiness and payment certainty.


The 7,033 square foot facility was purpose-built for the General Services Administration in 2001 and sits on a strategically sized 0.58-acre parcel. Operating at full occupancy with nearly a decade of remaining lease term, the property generates stable, predictable rental income from one of the most creditworthy tenants available in today's market. The building's specialized design and modern infrastructure seamlessly accommodate federal operations while maintaining excellent structural and operational condition.


Mount Pleasant offers solid market fundamentals supporting long-term asset stability. The community's diverse economic base, strong transportation infrastructure, and consistent demographic patterns create an environment conducive to sustained government service delivery and operational continuity.


This offering represents a prime core investment opportunity featuring predictable cash flows, minimal management oversight, and the inherent stability of federal government occupancy. With substantial lease term remaining and the reliability of government tenancy, the property serves as an ideal anchor asset for investors seeking secure, income-producing real estate with proven performance characteristics and clear visibility into future returns.


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Attributes

Asking price
CA$1,763,000
Cap rate
8%
WALT
8.6 years
Occupancy
100%
Lease type
Modified Gross
Building area net
653 sm
Year built
2001
Land area gross
0.23 ha

Media

Investment highlights

  1. 100% occupancy ensures dependable cash flow from AA+ S&P rated tenant
  2. Stable income stream backed by a U.S. Government lease
  3. Leased through 7/31/2034 yielding 8.6 years of remaining lease term
  4. Located in Mount Pleasant, MI, offering strategic market positioning
  5. 7033 sqft. office space with modern infrastructure built in 2001
  6. Situated on a 0.58-acre gross land area, optimal for current use
  7. No capital expenditure needed; built to facility standard with recent upgrades
  8. Built to Suit for the Social Security Administration in 2001; Over 25 years of Tenure
Social Security Administration AA+ S&P U.S Govt Credit  4_Property for Sale
Social Security Administration AA+ S&P U.S Govt Credit  4_Property for Sale

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Social Security Administration AA+ S&P U.S Govt Credit (0 Properties)

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Last updated
Jan 21, 2026