What is the typical cap rate for office in Houston?

About 9.0% as of Q4 2025, per multiple brokerages.

Is the Houston office market tightening or softening?

Vacancy is around 10.0%, with asking rents rising year over year (Q4 2025).

Office

20 Greenway

20 greenway, houston, TX 77046

Price

Price on request

Description

Step Into a New Opportunity Renovated in 2014, it offers tenants an abundance of amenities including a new staIn the heart of Greenway Plaza stands Twenty Greenway, a landmark building with distinctive stair-step architecture. This building is designed for the future of work, catering to innovative industries like finance, technology, architecture, and engineering. Twenty Greenway provides enhanced infrastructure, adaptive workspaces, and curated amenities to support tenant success.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

20 greenway, houston, TX 77046

Leaflet © OpenStreetMap contributors

Market Context

As of Q4 2025, the Houston office market showed a 10.0% vacancy rate, rents up 26.5% year over year, and cap rates around 9.0%. Source: multiple brokerages Q4 2025 market report.

Projected current pricing

low confidence

Projected asking rent

$31.81–$31.91/SF/yr

Estimated sale value

$133–$173/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 9.0%, asking rent trend-adjusted to today).

View the full Houston Office market report →

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other office listings for sale in Houston, TX to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in Houston?: About 9.0% as of Q4 2025, per multiple brokerages.
Is the Houston office market tightening or softening?: Vacancy is around 10.0%, with asking rents rising year over year (Q4 2025).