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Government Office Building For Sale
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1504 E MULBERRY ST, Angleton, TX 77515

Office building leased to the State of Texas available for purchase.

Property Size11,156 SF
Price / SF$178.11
Days on Market158

Property Features for 1504 E MULBERRY ST

General Information

Standard status Active
Size 11,156 SF
Property subtype Office
Occupancy 100%
Net Operating Income $170,822

Building Details

Year Built 1998
Year Renovated 2020
Stories 1
Units 1
Tenancy Multi
Listing Agency: Northmarq - Houston
Listed By: Brian Corriston · License #TX 516241
Source: Crexi
Added: May 12 Changed: Oct 10 Last Checked: Oct 14 at 11:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq - Houston

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Investment Insights

Based on property information with market context.

Available for sale is a government office building leased to the State of Texas. The State of Texas has an investment-grade credit rating of AAA by Standard & Poor's and Aaa by Moody's. The property contains 11156 square feet and is located in Angleton, Texas.

Key Highlights

  • Leased to the State of Texas.
  • Investment‑grade credit rating of AAA by Standard & Poor's.
  • Investment‑grade credit rating of Aaa by Moody's.

Property Analytics

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Current Use

Brazoria County Child ... Social Service Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 77515, TX

32,710
Population
13,127
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
204.5 sq mi
ZIP Area
160
Density / Sq Mi
$89,029
Median Household Income
$48,097
Median Earnings
$1,024
Median Rent
$210,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office building leased to the State of Texas available for purchase.
Where is this office building located?
The property is located at 1504 E MULBERRY ST Angleton, TX.
What is the asking price?
The asking price for this property is $1,987,000.
What are key features of this property?
This property features: Leased to the State of Texas.; Investment‑grade credit rating of AAA by Standard & Poor's.; Investment‑grade credit rating of Aaa by Moody's.
(832) 368-0374 Call to check price and availability
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