Second-Floor Office
For Sale
Contact for pricing
6100 Corporate Dr S 2E, Houston, TX 77036
Suite 2E offers a flexible second-floor layout that can support multiple tenants or reconfigure for a single occupant.
Property Size3,724 SF
Price / SF$161.06
Days on Market65
Property Features for 6100 Corporate Dr S 2E
General Information
Standard status
Active
Size
3,724 SF
Class
B
Property subtype
Office
Zoning
Commercial
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
1981
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
KW Commercial
(713) 859-2598
Listed By:
Ada/Yan Wang · License #TX 0622907
Source:
Crexi
Added: Jun 9
Changed: Aug 8
Last Checked: Aug 12 at 9:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
Investment Insights
Based on property information with market context.
Suite 2E is a second-floor office suite within a multi-tenant building. The unit is configured to accommodate multiple tenants, with a layout that can be easily adjusted to suit a single larger occupant. As a large portion of the second floor, the suite provides additional flexibility for floor plans and future build-outs.
The building is located in the heart of Houston’s Chinatown and is positioned with easy access to major freeways and main throughway streets. The area provides convenient proximity to Houston’s commercial districts, along with dining, entertainment, residential neighborhoods, city parks, and shopping.
This suite is well suited for an owner-user seeking an adaptable workplace while also supporting the possibility of rental income. For investors, the current layout and ability to reconfigure can help broaden tenant fit, depending on the needs of future occupants.
The building is located in the heart of Houston’s Chinatown and is positioned with easy access to major freeways and main throughway streets. The area provides convenient proximity to Houston’s commercial districts, along with dining, entertainment, residential neighborhoods, city parks, and shopping.
This suite is well suited for an owner-user seeking an adaptable workplace while also supporting the possibility of rental income. For investors, the current layout and ability to reconfigure can help broaden tenant fit, depending on the needs of future occupants.
Key Highlights
- Suite 2E is located on the second floor with a flexible layout for multiple tenants or a single larger occupant
- Layout can be adjusted to fit the needs of either multiple tenants or one larger user
- Building year built: 1981
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,437
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,740
$868.7K
Cap Rate 7%
$620,529
$620.5K
Cap Rate 9%
$482,633
$482.6K
Market Conditions
NOI Build-Up for 3,724 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$80.4K $21.60/SF
− Vacancy
−$22.5K −$6.05/SF
EGI
$57.9K $15.55/SF
− OpEx
−$14.5K −$3.89/SF
NOI
$43.4K $11.66/SF
Area
Houston, TX
Vacancy
28.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,740
Cap Rate 7%
$620,529
Cap Rate 9%
$482,633
Alternative Uses
Best Use
Office B
$620.5K
$543.0K – $724.0K
NOI $43,437 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$957.6K
$837.9K – $1.12M
NOI $67,032 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,588
Businesses Nearby
Explore this area
Business Placement
Demographics for 77036, TX
75,870
Population
30,508
Households
2.5
Avg Household Size
33
Median Age
14%
College-Educated
55%
High-School Grad
7.3 sq mi
ZIP Area
10,393
Density / Sq Mi
$43,853
Median Household Income
$27,812
Median Earnings
$995
Median Rent
$217,400
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Suite 2E offers a flexible second-floor layout that can support multiple tenants or reconfigure for a single occupant.
Where is this office units located?
The property is located at 6100 Corporate Dr S 2E Houston, TX.
What is the asking price?
The asking price for this property is $599,800.
What are key features of this property?
This property features: Suite 2E is located on the second floor with a flexible layout for multiple tenants or a single larger occupant; Layout can be adjusted to fit the needs of either multiple tenants or one larger user; Building year built: 1981
