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

Westgate I

westgate i, houston, TX 77094

Price

Price on request

Description

Energy Corridor | Suite 130: 6,518 RSF

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

Location

westgate i, houston, TX 77094

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).