Three Allen Center — Lease in Houston, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Houston, TX 77002
  • Size: 1,195,000 SF
  • Year built: 1980

Description

Market Context

This office in Houston, TX is listed for lease across 1,195,000 SF. The building dates to 1980. It has been on the market for 113 days. Compare it against other office listings for lease 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).

Estimated Market Rate

$2.24/SF/mo – $3.02/SF/mo

Mid: $2.63/SF/mo

Estimated total for 1,195,000 SF: $3,142,850 per month

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

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