A mission-critical inspection facility fully occupied by a federal agency has come to market in South San Francisco. Tran Real Estate Group, affiliated with KW Elevate and KW Luxury, together with Luzon Real Estate Ventures, affiliated with KW Thrive and KW Commercial, are marketing the property at 560 Eccles Avenue. The single-tenant asset is priced at $48,000,000 and is leased to the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (USDA APHIS).
The listing brokers describe the offering as a purpose-built facility designed for the specific needs of USDA APHIS. The building operates under a long-term triple-net lease arranged through the General Services Administration (GSA), with the federal government as the direct tenant. The lease reportedly has approximately 14 years of fully firm remaining term, extending through May 14, 2039, and includes no termination rights, providing a high degree of income visibility for a future owner.
According to information provided by the brokers, the USDA as tenant carries an AA+ credit rating from Standard & Poor’s. The combination of the federal credit profile, the long-term GSA lease structure and the lack of termination options is positioned as a key attribute of the asset, supporting the property’s income stability and credit quality for investors evaluating the opportunity.
The building at 560 Eccles Avenue totals approximately 21,552 square feet and is a single-story, tilt-up concrete structure. It was completed in 2019 and sits on a site of roughly 3.65 acres within an established commercial corridor in South San Francisco. The facility was developed specifically to accommodate the operational requirements of USDA APHIS, reinforcing its role as a specialized inspection and research location serving federal government functions.
The property offers investors exposure to a specialized healthcare-adjacent federal use in a modern facility, combining relatively recent construction with a remaining lease term that extends more than a decade into the future. With the current marketing effort underway, Tran Real Estate Group and Luzon Real Estate Ventures are seeking a buyer prepared to acquire a stabilized, single-tenant asset backed by the credit of the U.S. government.
