Social Security Administration

3461 S 3rd St, Memphis, TN 38109

  • For Sale $2,096,000
  • Property Type Office - General Office
  • Property Size 10,661 SF
  • Lot Size 1.56 SF
  • Year Built 2005
  • Date Updated Feb 23, 2024

The Ficke Team of Colliers is pleased to present to qualified investors the Social Security Administration (SSA) located at 3461 S. Third Street, Memphis, Tennessee. This single-tenant property consists of 10,661-rentable square feet developed in 2005 as a build-to-suit for the GSA/SSA that includes 23 parking spaces and sits on 1.56 acres. The current lease includes a shell rent increase of 10.27% on April 13, 2024, and the lease expires on April 12, 2029. This is an excellent opportunity for an investor to acquire a stabilized cash flow with rent guaranteed by the U.S. Government (S&P AA+ credit rating).

Fully Tenanted

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Geoff Ficke

broker

Zack Ficke

Location

Getting Around

  • Walk Score ®

    30/100 Car-Dependent
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Memphis, TN
  • Neighborhood Coro Lake
  • Zip Code 38109
  • Market Memphis

Points of Interest

  • Central Station

    5.36 miles

  • Memphis Central Station

    5.38 miles

  • Butler

    5.51 miles

  • Huling

    5.61 miles

  • Huling Avenue

    5.72 miles

  • Dr. Martin Luther King, Jr.

    5.85 miles

  • Beale Street Landing

    5.94 miles

  • Beale Street

    5.97 miles

  • Peabody Place

    6.05 miles

  • Orleans

    6.15 miles

  • Phillips 66

    2.06 miles

  • Citgo

    2.08 miles

  • Exxon

    2.08 miles

  • Mobil

    3.12 miles

  • Kroger

    3.15 miles

  • Citgo

    4.36 miles

  • Mobil

    4.86 miles

  • Exxon

    4.90 miles

  • Exxon

    5.15 miles

  • Valero

    5.42 miles

  • Tennessee Welcome Center

    3.37 miles

  • Economy Parking West Lot

    4.41 miles

  • Cell Phone Lot

    4.43 miles

  • Parking Garage & Rental Car Facility

    4.53 miles

  • Parking Garage

    4.55 miles

  • East Lot

    4.66 miles

  • The Artesian Parking Garage

    5.12 miles

  • DemocratTugLot

    5.33 miles

  • The Lofts at South Bluff Parking

    5.48 miles

  • FedEx Forum Parking Garage

    5.79 miles

  • Discovery Inn

    0.07 miles

  • Villa Inn

    0.33 miles

  • Motel 61

    0.39 miles

  • Regency Inn

    0.46 miles

  • Rest Inn

    0.90 miles

  • Star Lite Inn

    0.92 miles

  • Royal Inn

    1.15 miles

  • Regal Inn

    1.23 miles

  • Holiday Inn Express & Suites Memphis Arpt Elvis Presley Blv

    1.97 miles

  • Elvis Presley's Heartbreak Hotel

    1.97 miles

  • KFC

    2.05 miles

  • Checker's

    2.05 miles

  • Taco Bell

    2.08 miles

  • Subway

    2.09 miles

  • Interstate Barbecue

    2.17 miles

  • McDonald's

    2.39 miles

  • Popeyes

    2.57 miles

  • Marlowe's Ribs & Restaurant

    2.68 miles

  • Popeyes

    3.05 miles

  • Burger King

    3.63 miles

  • Southwest Career and Technical School

    0.68 miles

  • Saint Josephs School

    0.80 miles

  • Walker Elementary School

    0.83 miles

  • Levi Elementary School

    0.94 miles

  • Ford Road Elementary School

    1.04 miles

  • Raineshaven Elementary School

    1.14 miles

  • Graves Elementary School

    1.21 miles

  • Mitchell Road High School

    1.43 miles

  • Carver School

    2.00 miles

  • Chickasaw Junior High School

    2.06 miles

  • Mount Pisgah Baptist Church Day Care Center

    1.99 miles

  • Middle Baptist Church Daycare Center

    2.98 miles

  • Harris Memorial Day Care and Learning Center

    3.59 miles

  • Saint Jude Day Care Center

    4.31 miles

  • Union Avenue Baptist Church Child Enrichment Center

    6.86 miles

  • Fireside Temple Church of God in Christ Day Care Center

    7.92 miles

  • Miriam Child Development Center

    7.97 miles

  • Vollintine Baptist Day Care Center

    8.02 miles

  • Barbara K Lipman Early Childhood School and Research Institute

    8.63 miles

Frequently Asked Questions

What is the lease rate for Social Security Administration?

Rental asking rate at Social Security Administration is $1,048,000.00/YR.

What is the total square footage of Social Security Administration?

Social Security Administration totals 10,661 square feet.

When was this property built?

Social Security Administration was built in 2005.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Social Security Administration