Office Space /TX /Brazoria County /Angleton /1504 E Mulberry
Office Space /TX /Brazoria County /Angleton /1504 E Mulberry

1504 E Mulberry - Office FOR SALE


Angleton, TX 77515 | 
$2,136,000 USD
832-368-0374
1504 E Mulberry, Angleton, TX for Sale
$2,136,000 USD
Office - FOR SALE
1/1
null | 8.31% Cap Rate
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1504 E Mulberry
Angleton, TX 77515

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HIGHLIGHTS

  • STATE OF TEXAS LEASE
  • TWO AGENCIES
  • SUBURBAN LOCATIONS = STICKY TENANTS
  • BUILD-TO-SUIT
  • REMAINING TERM WITH INCREASES

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple interest in a government office building leased to the State of Texas.? The State of Texas carries an investment-grade credit rating of AAA by Standard & Poor's and Aaa by Moody's.?

FOR SALE DETAILS

PRICE

$2,136,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

8.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STATE-LEASED PORTFOLIO - ANGLETON

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,486 SF

ZONING

C

APN/PARCEL ID

4012-0015-110

ASK ABOUT THIS PROPERTY

Brian CorristonNorthmarqMore Info
832-368-0374

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Brian CorristonNorthmarqMore Info
832-368-0374

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