2921 N Valderas St, Angleton, TX 77515
For Sale
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.
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Social Security Administration Social Security Office Government Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.