Mine Safety and Health Administration - 9133 US Highway 60 W, Sturgis, KY 42459

Colliers International is pleased to exclusively represent the sale of a single-tenant, 100% occupied property leased to the US Department of Labor - Mine Safety Health Administration (MSHA) office located at 9133 W US Hwy 60, Sturgis, KY 42320.

This 3,849 square foot property is a renovate-to-suit in 2016 to MSHAs specifications and includes secure, fenced employee parking that includes 14 surface parking spaces and 2 handicap spaces. As part of the build-out, there are four (4) newer HVAC systems and an Aaon ventilation system. There is a three (3)-phase power system for charging MSHAs special equipment housed in an equipment testing room. The facility also includes men’s and women’s bathrooms with lockers and showers for changing following inspections. This first-generation lease has six years remaining with an expiration date of 7/31/2026. The lease includes a five-year option that expires 7/31/2031.

This MSHA facility is a field office within the Madisonville district. Madisonville covers Western Kentucky, Kansas, Missouri, Nebraska, and parts of Arkansas, Illinois, and Oklahoma. MSHA is an essential agency that continues to inspect mines throughout the pandemic. MSHA Sturgis is responsible for inspecting one of the largest coal mines in the Midwestern US and 16 metal and mon-metal quarries, require inspector from Sturgis to cross into Illinois.

The U.S. Department of labor’s MSHA helps to reduce deaths, injuries, and illnesses in the nation’s mines with a variety of activities and programs. The Agency develops and enforces safety and health rules for all U.S. mines, and provides technical, educational, and other types of assistance to mine operators. MSHA works cooperatively with industry, labor, and other Federal and state agencies to improve safety and health conditions for all miners in the United States.

US Government Guaranteed Lease (AA+ Standard and Poor’s Credit Rating)
Renovated-to-Suit 2016
Newer Roof (2013)
Six (6)-Year Remaining Term and Five (5)-Year Option
Attractive 8% cash-on-cash return