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    2600 Loop Houston, TX 77092

    Sponsored
    For Lease
    Contact for pricing

    Executive & Creative Office Suites Available

    Lot size:
    135,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    411
    This exceptional six-story Class B office building, located at 2600 N Loop W in Houston, Texas, 77092, offers a variety of flexible office spaces for lease. Built in 1976 and extensively renovated in 2010, the property boasts a total of 135,400 square feet, with 22,190 square feet currently available. The building features a single structure with ample parking, providing a 4.0 spaces per 1,000 square feet ratio. Suites range in size from approximately 2,284 square feet up to the total available vacant space. The property is ideally situated in the North Loop West submarket, offering convenient access to major transportation routes and amenities. This multi-tenant building caters to both executive and creative office needs, providing a modern and functional workspace. The building's 1976 construction date, coupled with the 2010 renovation, ensures a blend of character and contemporary functionality. Interested parties are encouraged to inquire about available suite sizes and lease terms. This is a unique opportunity to secure high-quality office space in a thriving Houston submarket.

    Property Features for 2600 Loop

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    135,400 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1976/2010
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Suites
    Size
    17,358 SF

    We can help!

    Listing Contact
    Douglas Pack
    Douglas Pack

    Learn more

    HighLights

    • Excellent North Loop West location near major freeways.
    • 4.0/1,000 parking ratio in a climate‑controlled garage with covered walkway.
    • Owner‑occupied building.
    • Secured access with on‑site security.
    • Upcoming building upgrades include a new tenant conferencing facility and fitness center with locker rooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifesafer Ignition Interlock Safety Equipment Supplier D.h! Creative Design ... Graphic Designer Dee Michaels Photography Portrait Studio Accurate Delivery Services Trucking Company HOPE Alcohol & Drug ... Driving School

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4456582
    Latitude
    29.8073953

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    FAQs

    What type of property is this?
    Office space - Executive & Creative Office Suites Available
    Where is this office space located?
    The property is located at 2600 Loop Houston, TX.
    What are key features of this property?
    This property features: Excellent North Loop West location near major freeways.; 4.0/1,000 parking ratio in a climate-controlled garage with covered walkway.; Owner-occupied building.
    Request Owner's contact information
    2600 Loop Houston, TX 77092
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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
    2600 Loop Houston, TX 77092
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    We can help!
    Listing Contact
    Douglas Pack
    Douglas Pack
    Real Estate License ID: TX 444440
    Learn more
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