Social Security Admin Center - Augusta

Investment Overview

Exceptionally rare offering of a U.S. Government facility located in prime area of Augusta, GA. This building was a build-to-suit for Social Security/ General Services Administration, GSA in 2005. Tenant recently renewed lease in 2020 and expanded square footage in 2023. Most HVAC units have been replaced and roof on original section was recently replaced. Facility is in first class condition. Income is divided into rent, expense reimbursement, and TI reimbursement. Reimbursement adjusts annually based on cost of living index and local property tax increases. Part of the purchase includes a note payable monthly to landlord from tenant for consideration of the expansion of building that was completed in 2023. Note was originally $659,183 and amortized over 84 months at 7% interest. As of July 1, 2026 balance is approximately $450,000.