First Community Tower — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Houston, TX 77070

Description

Located in the rapidly growing heart of Northwest Houston, 1002 Noble Energy Way is a 20-story class A office building at the corner of State Highway 249 and Louetta Road. The 4.74 acre property features an eight-story parking garage connected to the LEED Gold Certified office building. Nestled among attractive wooded neighborhoods, hotels, medical facilities, upscale retail shopping and restaurants, 1002 Noble Energy Way is easily accessible from Bush Intercontinental Airport, Tomball, Cypress and The Woodlands, via Beltway 8, SH 249 and the Grand Parkway (SH 99).

Market Context

This office in Houston, TX is listed for sale. It has been on the market for 24 days. Compare it against other office listings for sale in Houston, TX — view the full market.

As of Q4 2025, the Houston office market showed a 10.0% vacancy rate, and cap rates around 9.0%. Source: multiple brokerage reports, Q4 2025.

Office market FAQ

What is the typical cap rate for office in Houston?
About 9.0% as of Q4 2025, per multiple brokerage reports.
Is the Houston office market tightening or softening?
Vacancy is around 10.0% (Q4 2025).

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