What is the typical cap rate for industrial in Houston?

About 7.8% as of Q1 2026, per multiple brokerages.

Is the Houston industrial market tightening or softening?

Vacancy is around 8.0% (Q1 2026).

Industrial

Industrial in Houston, TX

7524 sherman street, houston, TX 77012

Price

$4,125,000

Price/Sq Ft

$4.00

Description

± 75,280 SF on ± 1.99 acres ±75,280 SF on ±1.99 acres *Per HCAD 4 oversized, grade-level overhead doors Drive-thru capable on west end of building 30’ clear, metal building, 10 ton crane Storage facility, limited improvements Sale Price: $4,125,000.00 Lease Rate: $.40 PSF/NNN Seller Financing possible to qualified buyer

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

7524 sherman street, houston, TX 77012

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeTriple Net (NNN)

Market Context

This industrial in Houston, TX is listed for lease at $4,125,000. It has been on the market for 147 days.

As of Q1 2026, the Houston industrial market showed a 8.0% vacancy rate, average asking rents near $10.00/SF/yr, and cap rates around 7.8%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

high confidence

Projected asking rent

$10.00/SF/yr

Estimated sale value

$85–$104/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.8%, asking rent held flat).

View the full Houston Industrial market report →

Compare it against other industrial listings for lease in Houston, TX to benchmark pricing and space — view the full market.

Industrial market FAQ

What is the typical cap rate for industrial in Houston?: About 7.8% as of Q1 2026, per multiple brokerages.
Is the Houston industrial market tightening or softening?: Vacancy is around 8.0% (Q1 2026).

Unified Estimate

Medium Confidence

$0.51/SF/mo-$0.69/SF/mo

Mid: $0.60/SF/mo

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

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.