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

Bridgewood II

652 North Sam Houston Parkway East, Houston, TX 77060

Price

Price on request

Square Feet

142,528

Description

Building structure of steel frame and concrete core construction, H-shaped with atrium and masonry and bronze reflective glass exterior.

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

Location

652 North Sam Houston Parkway East, Houston, TX 77060

Leaflet © OpenStreetMap contributors

Property Details

Building Size142,528 SF

Year Built1981

Market Context

This office in Houston, TX is listed for sale across 142,528 SF. The building dates to 1981. It has been on the market for 142 days.

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).

Unified Estimate

Medium Confidence

$26.87/SF-$36.35/SF

Mid: $31.61/SF

Total estimate for 142,528 SF

$4,505,310

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/yr) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.