To provide mission-critical facility preparedness for our government and corporate tenants in addition to offering investment clients and partners the highest degree of integrity, transparency, and performance in preserving and growing their investment.
Privately owned and based in the United States, The Salus Group of Companies include Salus Federal Properties, Salus Government Properties, Salus Property Investments, and Salus Tactical Solutions, providing real estate investment programs and services focused exclusively on government and credit tenant properties since 1998. Salus has acquired and currently manages more than 1,500,000 rentable sq. ft. of build-to-suit, mission-critical, secure US government and select Fortune 500 leased properties. Government tenant agencies include the Department of State, the Department of Homeland Security, Justice Department, Federal Bureau of Investigation (FBI), the Department of Defense, and others.
Ownership of these assets allow us to provide institutions, qualified high-net-worth individuals, and family offices with unique real estate investment opportunities with consistent monthly distributions of income as well as long-term appreciation of properties not usually available to the general public. Through rigorous underwriting and stringent due diligence, we have acquired a portfolio valued at approximately $500 million with average annual cash-on-cash returns of 10.5% and annual total returns in excess of 13%.
All of our facilities exceed 50,000 rentable sq. ft. with 10, 15, and 20-year leases guaranteed by the United States Federal government and Fortune 500 companies. Mission-critical, build-to-suit, secure facilities also realize higher lease renewal rates due to security requirements and prohibitive relocation costs. In fact, build-to-suit, mission-critical, secure US Government Services Administration (GSA) facilities offer the highest retention rate of any commercial real estate asset. This, as well as transparency, integrity, and steady management, assures greater peace of mind and above average yields.