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    10039 Bissonnet St Houston, TX 77036

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    For Lease
    Contact for pricing

    Quality, affordable office space in Southwest Houston. Many suites available.

    Type:Office
    Added:
    Apr 24, 2020
    Days on Market:
    2169
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 10039 Bissonnet St

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1979

    Spaces For Lease

    at 10039 Bissonnet St Contact us

    Suite 337 $17 /Mo

    Size
    444 SF
    Type
    Office
    Reception Area, 1 Window Office
    Contact us

    Suite 228E $19 /Mo

    Size
    223 SF
    Type
    Office
    Single window office.
    Contact us

    Suite 313 $17 /Mo

    Size
    452 SF
    Type
    Office
    Reception & 1 window office
    Contact us

    Suite 336 $16 /Mo

    Size
    1,408 SF
    Type
    Office
    Reception, 4 window offices & break area with a sink
    Contact us

    Suite 133 $16 /Mo

    Size
    260 SF
    Type
    Office
    1 interior office
    Contact us

    Suite 328 $16 /Mo

    Size
    592 SF
    Type
    Office
    Reception with sidelight, 1 window office & work area
    Contact us

    Suite 228B $18 /Mo

    Size
    234 SF
    Type
    Office
    Single window office with a shared reception.
    Contact us

    Suite 228A $16 /Mo

    Size
    335 SF
    Type
    Office
    Single window office with access to reception.
    Contact us

    Suite 322 $16 /Mo

    Size
    549 SF
    Type
    Office
    Reception with a sidelight window office with great view of lobby and front parking.
    Contact us

    Suite 312E $15 /Mo

    Size
    320 SF
    Type
    Office
    Interior office
    Contact us

    Suite 315 $17 /Mo

    Size
    452 SF
    Type
    Office
    Reception, 1 window office and work area with sink.
    Contact us

    Suite 312D $18 /Mo

    Size
    282 SF
    Type
    Office
    Window office
    Contact us

    Suite 334 $17 /Mo

    Size
    444 SF
    Type
    Office
    Reception & 1 window office
    Contact us

    Suite 321 $16 /Mo

    Size
    636 SF
    Type
    Office
    Reception, work area with a sink and 1 window office.
    Contact us

    Suite 307 $16 /Mo

    Size
    725 SF
    Type
    Office
    Reception with sidelight, 2 window offices, & work area w/ wetbar
    Contact us

    Suite 211 $16 /Mo

    Size
    406 SF
    Type
    Office
    1 Window Office, Corner Location
    Contact us

    Suite 326 $16 /Mo

    Size
    836 SF
    Type
    Office
    Reception Area, 2 Window Offices, Corner Location
    Contact us

    Suite 338 $17 /Mo

    Size
    821 SF
    Type
    Office
    Rec, 2 window offices, & work area w/ wetbar
    Contact us

    Suite 310 $16 /Mo

    Size
    821 SF
    Type
    Office
    Reception, 2 window offices, & workroom with wetbar
    Contact us

    Suite 107 $18 /Mo

    Size
    1,111 SF
    Type
    Office
    Reception with window, 2 window offices, 1 interior office and a work area with a...
    show more
    Contact us

    Suite 226 $19 /Mo

    Size
    574 SF
    Type
    Office
    Reception Area, 1 Window Office
    Contact us
    Show more

    We can help!

    Listing Contact
    Trey Miller

    Listing agent Trey Miller License #TX

    Listing office Boxer Property

    Listing date Apr 24, 2020

    Source Crexi

    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 Boxer Property

    Overview

    Professional Office Space Available

    Forum East on Bissonnet Street offers a professional office environment featuring an upscale atrium lobby. The building provides quality, affordable office space with suites available in a wide range of sizes and configurations. On-site maintenance is available to tenants, as well as 24-hour secure key card access, security cameras and video surveillance, and ample parking. The property is conveniently located in Southwest Houston, just off of US-59, Beltway 8, and Westpark Tollway, placing it close to the Westchase Business District and Memorial Hermann Southwest Hospital. The location provides convenient access to several major freeways, restaurants, and hotels. The property is on the METRO bus line route.
    Location Intelligence

    Current Use by Public Records

    Pipette Master LLC Production Facility Xuan 'Shawn' Nguyen: ... Insurance Agency Enlad Insurance Agency Insurance Agency No Regret Media Marketing & Advertising Tomeka Mena Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.5541345
    Latitude
    29.6745544

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    FAQs

    What type of property is this?
    Office units - Quality, affordable office space in Southwest Houston. Many suites available.
    Where is this office units located?
    The property is located at 10039 Bissonnet St Houston, TX.
    What are key features of this property?
    This property features: Convenient location near US‑59, Beltway 8, and Westpark Tollway; 24‑hour secure key card access, security cameras, and video surveillance ensure a safe and secure office environment; Affordable office space with suites available in a wide range of sizes and configurations
    We can help!
    Listing Contact
    Trey Miller
    Real Estate License ID: TX
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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