How much real estate does the USPS have?
The USPS is one of the largest real estate holders in the nation, in fact, with a portfolio of 8,393 properties spanning 193 million square feet as of December 2019, according to the USPS’s annual report to congress.
Is USPS a good tenant?
However, having the USPS as a tenant means the rent is backed by the U.S. government, which provides valuable safety to your investment. Safety: The United States federal government guarantees the rental income, providing exceptional security on your investment. However, all investments are subject to risk of loss.
Is USPS government property?
The U.S. Postal Service (USPS) is a large business enterprise operated by the federal government. It has more than 600,000 employees and more than $70 billion in annual revenues.
Does USPS own post office buildings?
Despite the ever-present American flags flying above all United States post offices, the United States Postal Service actually owns only 3,691 buildings. The remaining 28,743 post offices in the United States are leased from other owners.
What is USPS property?
USPS Properties for Sale or Lease The USPS has large real estate inventory that includes buildings and land for lease and for sale. Serving as USPS’ national Real Estate Service Provider JLL is the broker and point of contact for all types of USPS real estate transactions.
What is USP in real estate?
What is a Unique Selling Proposition for Mortgage or Real Estate? Entrepreneur.com defines a unique selling proposition as “the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.” (My emphasis added.)
Who owns the US post offices?
The “Post Office,” or the United States Postal Service, is owned by the United States Federal Government. It is classified as an “independent establishment of the executive branch of the Government of the United States” and operates independently of government control, run by its own non-political directors.
Is the USPS a credit tenant?
The tenant, the US Post Office, just signed new 10-year lease extension. The lease is guaranteed by the US Government which has an S&P credit rating of AA+. All SVN® offices are independently owned and operated.