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

Rankin 45 Distribution Center

rankin 45 distribution center, houston, TX 77090

Price

Price on request

Description

348,120 SF Under Construction In North Houston 348,120 SF 32' Clear Height 265 Parking Spaces ESFR Sprinklered 21 Trailers Parks 60' Speed Bays 52' Column Spacing 4 Drive-up Ramps Ability to fence and fully secure entire facility

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

Location

rankin 45 distribution center, houston, TX 77090

Leaflet © OpenStreetMap contributors

Market Context

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 sale 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).