1505 Ferguson Ln - Office FOR SALE


Austin, TX 78754- Walnut Creek
$8,200,000 USD
512-580-6224
1505 Ferguson Ln, Austin, TX for Sale
$8,200,000 USD
Office - FOR SALE
1/20
null | 6.25% Cap Rate

1505 Ferguson Ln
Austin, TX 78754
Walnut Creek


HIGHLIGHTS

  • NOT LISTED ON DOGE LEASE TERMINATION LIST
  • MISSION CRITICAL GOVERNMENT FACILITY
  • OVER $1M IN RECENT UPGRADES

OVERVIEW

Partners Real Estate is pleased to present a single-tenant GSA-leased investment located at 1505 Ferguson Lane in Austin, TX, 100% occupied by the U.S. Geological Survey. This mission-critical facility spans 36,047 SF on 5.88 acres, featuring a specialized buildout that includes geological lab space, secure yard, and flex/warehouse capabilities. Built in 2009 and recently renovated with approximately $1 million in upgrades, the property is offered at $8,200,000 ($227.48/SF)—well below replacement cost. With a long-term federal tenant and potential for value-add upside, this is a rare opportunity to acquire a high-quality GSA asset in Austin’s booming market.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

5.88 AC

LAND SF

256,249 SF

ZONING

-

APN/PARCEL ID

238490

ASK ABOUT THIS PROPERTY

Ryan McCulloughPartnersMore Info
512-580-6224

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Ryan McCulloughPartnersMore Info
512-580-6224

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.