13,919 Square Foot Office Space For Sale @ 1778 Whatley Drive

This 100% occupied office building serves as a Social Security Administration field office and is leased to the General Services Administration which is funded by the United States government. Originally constructed in 2001 subject to a ten year lease, the lease was renewed through January 31, 2024. The lease has a firm term through January 31, 2019.

This investment is available for sale individually or as part of an 3 government building portfolio located in the Southeast.

Sales Info:
■ Commision split: 6.0%

Location Description:
Dothan is located in the southeastern corner of Alabama, approximately 20 miles west of the Georgia state line and 18 miles north of Florida. According to 2009 Census Bureau estimates, the population was 67,560, making it the largest city in this part of the state. Dothan is the principal city of the Dothan Metropolitan Statistical Area with a combined population of 140,968, serving as the main transportation and commercial hub for a significant part of southeastern Alabama, southwest Georgia, and nearby portions of the Florida Panhandle. Dothan's airport, the Dothan Regional Airport, is currently (2009) served by Atlantic Southeast Airlines with 3-5 daily flights to Hartsfield-Jackson Atlanta International Airport.

Highlights:
■ Single tenant leased to Social Security Administration
■ Lease renewal through January 31,2024
■ Five year firm lease through January 31, 2019
■ Sold individually or part of an 3 bldg. portfolio