1505 Ferguson Ln 36,047 SF Office Building Austin, TX 78754 $8,200,000 ($227.48/SF) 6.25% Cap Rate

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.