1505 FERGUSON LN Austin TX 78754-4501

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 $7,750,000 ($214.99/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.

Leased to the U.S. Geological Survey, this mission-critical asset features a specialized buildout including dedicated geological lab space, secure yard, and versatile flex/warehouse functionality— ideal for long-term federal use.

Significant capital improvements have been made to the property, approximately $1,000,000, enhancing functionality, efficiency, and long-term durability.

This facility offers exceptional value, priced well below replacement cost, with the added benefit of potential long-term upside through market rent adjustments or future repositioning.