Counseling, Inc.

Putnam Station, NY Main Post Office (Under Contract)

Purchase Price $101,000   CAP 8.50%

Building Size:  817 sq ft.  Site Size: 33,600 sq ft.     Occupied in 1990.

Current lease term - November 1, 2015 through October 31, 2020.  Rent is $9,500/year or $11.63/sq ft.  No renewal option remains in the lease.

Taxes -  Reimbursed by the USPS.     Purchase Options  None.

Maintenance - USPS Partial Maintenance Rider      Termination Rider - None.

Two Mississippi Post Offices Portfolio Sale  (SOLD)

Neilton, WA Main Post Office  (SOLD)

Purchase Price - $118,400       CAP - 8.75%

Building Size:  538 sq ft    Site size:  100,707 sq ft

Lease:  New lease began 6/1/2016 and ends 5/31/2021 with rent at $11,040 per year, or 20.52/sq ft.

Maintenance - USPS responsibility.   Taxes - USPS Reimburses.     Termination Rider - None.

Real Estate Asset Counseling, Inc. (REAC) assists our clients in identifying properties to purchase that are leased to the United States Postal Service or to another governmental agency. We will provide you our perspective of how the USPS would assess a particular location for potential closure or consolidation in the future. The USPS conducts an operational assessment on many of their facilities when they are considering closing or consolidating a specific Post Office. We are experienced in the methodology they use to make such determinations.

Investing in Post Office properties and other governmental buildings is generally a wise use of your funds. Let us help you make the right decision when you are considering the purchase of a specific building. Contact us before you approach a prospective seller and we can help you evaluate the property before you submit an offer to purchase the building. We can also help you interpret the underlying lease for the property and provide our assessment on the pros and cons of the lease. We are often asked by owners to assist them in selling their property, and we are happy to identify in this section selected properties that we recommend you consider purchasing.

Vicco, KY Main Post Office  (Under Contract)

Purchase Price $ 81,600   CAP 10.7%

Building size: 2,400  sq. ft.  Site size:  6,800 sq ft  (USPS leases 1,353/sq ft of the building)

Occupied in 1982.  USPS Lease Term: 1/1/2016 to 12/31/2021.  Rent is $7,500/year from the USPS and $3,600/year from lease of additional office space. 

Renewal Options - None         Taxes - Landlord Pays

Maintenance - USPS Partial Maintenance Rider   Termination Rider - Yes, 360 notice period

Properties For Sale

Anguilla, MS Main Post Office  (Sold)

Purchase Price - $155,000   CAP - 8.09%

Building Size - 1,375 sq. ft. ​     Site Size -  22,167 sq. ft

Lease -Expires March 31, 2021 with rent at $ 14,000 per year or $10.18/sq.ft.

Renewal Options -  One option remains for five years with rent at $15,400 per year.

Maintenance- USPS Partial Maintence Rider     Taxes- USPS Tax Reimbursement Rider

Property Listings

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Ewing, NE Main Post Office

Purchase Price $93,500    CAP 8.25%

Building Size - 1,150 sq ft      Site Size - 2,500 sq ft       
Current lease term - Lease expires June 17, 2019. Annual rent is $9,483 or $8.25 sq ft.

Renewal Options - None remain  

Taxes - USPS Reimburses

Maintenance - Landlord Responsibility.       Termination Rider - None

Lester, WV Main Post Office  

Purchase Price $83,000   CAP 8.25%

Building Size - 1,008 sq. ft.              Site Size - 8,280 sq. ft      Occupied by the USPS in 1968. 

Current lease term ends September 30, 2018, rent is $8,568 per year or $8.50/sq ft.

Renewal Options - None                   Taxes - Landlord responsibility. Is not reimbursed by the USPS.

Maintenance - Landlord Responsibility. ​     Termination Rider - Yes, with 90 days notice

Ebervale, PA Main Post Office

Purchase Price $175,000    CAP 8.16%

Building Size - 928 sq. ft.              ​Site Size - 43,770 sq ft
Built new specifically for the USPS in 1989.

Current lease term expires June 30, 2019  with rent at $15,408 per year, or $16.60/square foot. 

Renewal Options - None remain..

Taxes - Reimbursed by the USPS.

Maintenance - USPS Partial Maintenance Rider.        Termination Rider - No 

Purchase Option - Yes. The next option is for $401,076.

Malcolm, NE Main Post Office

Purchase Price $62,930    CAP 8.25%​


Building Size - 1,056 sq. ft.                  Site Size - 1,160 sq. ft.    
Occupied by the USPS in 1988.

Current lease term expires August 24, 2018  with rent at $6,000 per year, or $5.68/square foot. 

Renewal Options - None remain.   Taxes - USPS Reimburses.  Termination Rider - Yes

Maintenance - Landlord Responsibility with Minor Repairs Provision. A new roof has been installed.    




Please contact us if you require
additional information on the above properties.

Linesville, PA Main Post Office  (Price Reduced)

Purchase Price - $355,000    CAP - 8.47%

Building size: 2,916 sq ft     Site size:  9,225 sq ft

Lease:  A new lease began April 1, 2017 and will end March 31, 2027.

Rent:  Beginning April, 1, 2017 the rent shall be $33,600 per year.

Maintenance - Landlord Responsibility    Taxes - USPS Reimburses    

Termination Rider - 180 day notice beginning year five of the new lease.

Sekiu, WA Main Post Office  (SOLD)

Purchase Price $ 151,900   CAP 8.5%        

Building Size - 6550 sq. ft.              Site Size - 12,000 sq. ft.      
Occupied by the USPS in 1987

Current lease term - Current lease expires October 31, 2017 with rent at $14,410/year.  The USPS has executed a new lease to extend occupancy to October 31, 2022. Rent will be $13,690 per year.

Renewal Options - One remains with rent at $15,060.

Taxes - Reimbursed by the USPS                Purchase Option - None

Maintenance - USPS responsibility.      Termination Rider - None

Kapowsin, WA Main Post Office  (SOLD)

Purchase Price - $156,500    CAP - 8.50%

Building size:  490 sq. ft.       Site size:  20,789 sq ft

Lease:  New lease began 7/21/2016 and expires 7/20/2021 with rent at $13,950 per year. 

Maintenance - USPS responsibility.  Taxes - USPS Reimburses    Termination Rider - None

Pottersville, NY Main Post Office (Under Contract)

Purchase Price $85,000     CAP 8.50%

Building Size - 1,004 sq ft            Site Size - 44,866 sq ft     Occupied by the USPS in 1980.

Current Lease Term is from December 1, 2015 throu November 30, 2020 with rent at $8,650 per year, or $7.84/sq ft.

Renewal Option - One remains with rent at $9,100 per year.

Maintenance - Landlord Maintenance Rider          Taxes - USPS Reimburses

Real Estate Asset

Seaside Heights, NJ 08751-9998

Purchase Price $595,000   CAP  7.75%

Building Size - 3,120 sq. ft.                  ​Site Size - 4,498 sq. ft.    
Occupied by the USPS in 1962.

Current lease term expires June 30, 2020 with rent at $48,228 per year, or $15.78/sq ft.   

Renewal Options - None remain.

Taxes - Reimbursed by the USPS                Purchase Option - None

Maintenance - USPS Responsibility.       Termination Rider - None

Logan, KS Main Post Office

Purchase Price $136,400    CAP 8.25%

Building Size - 1,701 sq. ft.              Site Size - 3,600 sq. ft.    
Occupied by the USPS in 1960.

Current lease term runs from January 1, 2015 through December 31, 2019, with rent at $12,600 per year, or $7.41/square foot.

Renewal Options - None remain               Taxes - Reimbursed by the USPS

Maintenance - Landlord Responsibility         Termination Rider - No

 Metcalfe, MS Main Post Office  (Sold)

Purchase Price - $75,000     CAP - 8.25%

Building size: 874 sq ft          Site Size - 11,520 sq ft

Lease:  Expires November 30, 2021 with rent at $7,866 per year, or $9.00/sq. ft.

Renewal Options - One remains for five years with rent at $8,085 per year.

Maintenance Rider - Landlord Responsibility.       Tax Rider - USPS Reimbursement Rider


Onida, SD Main Post Office and Consolidated Farm Service Agency  - Two Government Leased Properties

Purchase Price $608,674   CAP 7.47%

FSA Building Size - 2,782 sq. ft.                     ​    
FSA Current lease term runs from September 1, 2013 through August 31, 2023, with rent at $42,897 per year, or $15,42/square foot.

Post Office Building Size - 2,088 sq ft.  A new lease has been executed to extend occupancy to July 31, 2022.  Annual rent will be $20,040 beginning August 1, 2017.

Review the "Additional Information" for more details on these two great government leased properties.

Baileyville, KS Main Post Office

Purchase Price $76,600    CAP 8.25%

Building Size - 918 sq. ft.              Site Size - 5,021 sq. ft.    Occupied by the USPS in 1969.

Current lease term runs through July 31, 2019, rent is $ 7,068 per year, or $7.70/sq ft. 

Renewal Options - None remain.

Taxes - USPS Reimburses.     Maintenance - Lessor Responsibility. 

Termination Rider - Yes, 365 days notice period

The Most Experienced Consulting Team in the Market!​