Office for Sale in Houston, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Houston, TX 77002
Description
Making Business a Part of History The Building is centrally located on the downtown tunnel system and contains the only “true hub” that allows underground access in all directions. There are over 30 food and beverage operations located within a two-block radius of the Building. A full-service bank, document services firm, investment brokerage office and dentist are located on the Lobby Level. The Building’s Tunnel Level offers various restaurants, medical offices, a sundry and gift shop and a photograph services shop. Postal service and overnight express drop boxes are also available on the Tunnel Level. Major renovations coming in 2023 including updated lobby, tenant seating, conferencing, fitness center and tunnel amenities including food hall seating. A separate structure built atop the fourth floor is connected to the tower by an enclosed glass walkway that leads to the legendary Coronado Club.
Market Context
This office in Houston, TX is listed for sale. It has been on the market for 148 days. Compare it against other office listings for sale in Houston, TX — <a href="/search/sale/office/texas/houston">view the full market</a>.
As of Q4 2025, the Houston office market showed a 10.0% vacancy rate, and cap rates around 9.0%. Source: Consensus Q4 2025 market report.
Office market FAQ
- What is the typical cap rate for office in Houston?
- About 9.0% as of Q4 2025, per Consensus.
- Is the Houston office market tightening or softening?
- Vacancy is around 10.0% (Q4 2025).
Unified Estimate
Medium Confidence$26.87/SF – $36.35/SF
Mid: $31.61/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Steve Rocher · (713) 577-1615 · steve.rocher@cbre.com
- John Spafford · (713) 577-1684 · john.spafford@cbre.com
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