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This exceptional investment opportunity presents a fee-simple, single-tenant office building totaling 10,375 square feet, situated on a 2.427-acre lot in Angleton, Texas. The property, located at 2921 N Valderas St, boasts a 15-year lease with the U.S. Social Security Administration (SSA), commencing January 11, 2022, and expiring January 20, 2037. This represents a remaining lease term of approximately 12.2 years. The lease features a 13-year firm (non-cancellable) period and a base rent increase in year nine, ensuring consistent and growing income. Built in 2006 and renovated in 2022, the building was constructed to meet stringent federal security standards, including secure perimeter fencing. The property's strong financial performance is reflected in its current 100% occupancy, a $167,251 net operating income (NOI), and a 6.50% capitalization rate. The asking price is $2,573,088, translating to a price per square foot of $248.01. The property is zoned C-G (General Commercial) and benefits from its location within the Houston MSA, 43 miles southwest of Houston, Texas, the fifth largest MSA in the United States, with a population exceeding 7.2 million. The site enjoys convenient access to Highway 288 and is surrounded by essential businesses and services, including Walmart, Kroger, and other national retailers. This is a rare opportunity to acquire a secure, long-term investment with a highly creditworthy tenant. The Brazoria County property (APN 573589) offers exceptional income security and significant long-term growth potential.
Highlights
U.S. Federal Government Lease: Aaa-rated lease guaranteed by the U.S. Government, offering exceptional income security.
New 15-Year Lease: 15-year lease with the Social Security Administration (SSA), including a 13-year firm term and rent increase in year nine.
2006 Build-to-Suit: 10,375 SF building built for SSA in 2006, renovated in 2022, meeting strict federal security standards.
Houston MSA Location: Situated 43 miles southwest of Houston, Texas, in the nation's 5th largest MSA (7.2M+ population).
Strong Retail Proximity: Convenient Highway 288 access, near Walmart, Kroger, and other national retailers and local amenities.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.