Marcus & Millichap is pleased to present the opportunity to acquire the industrial portfolio located across the Northwest Houston metro area in the cities of Hockley, Cypress, Katy, and Houston, Texas. The six-building portfolio was developed between 2018 and 2022 and consists of approximately 41,675 square feet of small-bay industrial space and is situated on a combined 3.36 acres of land. With properties ranging from 4,800 to 10,625 square feet, the portfolio features an 18’ to 24’ clear height, 11 grade-level doors, metal construction, and three-phase heavy power with 200 to 400 amps and 480 volts. Each property is located in close proximity to a major thoroughfare, including Interstate 10, State Highway 99 (Grand Parkway), U.S. Route 290 (Northwest Freeway), and Texas State Highway 6. The portfolio is situated within three prominent submarkets in Northwest Houston, a region with a vacancy rate that sits about 110 basis points below the national average in mid-2026 (CoStar).
For sale at $225.55 per square foot, the portfolio generates a 7.00 percent cap rate. The portfolio is fully occupied by seven tenants at an average annual rent of $15.79 per square foot. The triple-net leases carry expiration dates ranging between July 2027 and July 2029 with 3.00 to 3.94 percent annual escalations. The tenants consist of a variety of industries such as roofing, rubber manufacturing, oil & gas, religious institutions, water management, and technology. Given that many of the tenants are backed by personal guarantees and corporate entities (including a publicly traded firm), the diversified portfolio can provide stability during economic fluctuations.
As the fifth most populous metro area in the U.S., Houston houses 7.8 million people in southeastern Texas. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller. The Gulf of Mexico, which borders the metro to the southeast, provides access to markets around the world via the Port of Houston, making it a prime location for import/export. Houston’s economy has diversified in recent years, with the healthcare and technology sectors showing strong growth. As Houston’s population continues to grow, primarily to the northwest, many companies are expanding to the region to provide goods and services to the increasing population.
BROKER OF RECORD
TIM SPECK
Texas Broker of Record
5001 Spring Valley Road, Suite 1100W
Dallas TX
Tel: (972) 755-5200
Tim.Speck@MarcusMillichap.com
License: 9002994
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services of Nevada, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAH0040479)
