Share This Listing

Message

927 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

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

Executive Summary

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.?

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
11,156 SF
Building Class
B
Year Built/Renovated
1998/2020
Price
$2,922,048 CAD
Price Per SF
$261.93 CAD
Cap Rate
8.31%
NOI
$242,822 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,156 SF
Building FAR
0.15
Lot Size
1.69 AC
Zoning
C - Commercial
Parking
70 Spaces (6.27 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The U.S. Department of Health & Human Services (HHS) is a federal agency responsible for protecting the health of Americans and providing essential human services. Headquartered in Washington, D.C., HHS administers a wide range of programs through its operating divisions, including the Centers for Medicare & Medicaid Services (CMS), the Food and Drug Administration (FDA), the Centers for Disease Control and Prevention (CDC), and the National Institutes of Health (NIH). Established to enhance public health and welfare, the department manages initiatives related to healthcare access, disease prevention, medical research, and emergency preparedness. HHS also oversees programs supporting children, families, and vulnerable populations. The agency plays a critical role in advancing medical innovation, ensuring food and drug safety, and responding to public health emergencies. HHS operates under the leadership of the Secretary of Health and Human Services and collaborates with state, local, and tribal governments to implement its mission nationwide.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Public Administration - $9.99 Lorem Ipsum Jan 0000
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
4012-0015-110
Land Assessment
$433,683 CAD
Improvements Assessment
$2,393,179 CAD
Total Assessment
$2,826,863 CAD
  • Listing ID: 40492304

  • Date on Market: 2026-05-12

  • Last Updated:

  • Address: 1504 E Mulberry, Angleton, TX 77515

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}