Fairbanks Northwest Distribution Center — Lease in Houston, TX
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Houston, TX 77040
Photos

Description
81,060 - 194,780 SF For Lease in NW Houston - Building 1 Size - 194,780 SF (Divisible) - Spec Office - 3,625 SF - Cross Dock - Clear Height 32’ - Up to 49 Trailer Parking - 126 Spaces Auto Parking - 4 Ramps - 36 Dock Doors - 52’ x 60’ Column Spacing with 65’ Bays - Pit Levelers - Truck Court: 180’ Truck Court and 300’ Shared Truck Court - Sprinklers: ESFR - Lighting In Place
Market Context
This industrial in Houston, TX is listed for lease. Compare it against other industrial listings for lease in Houston, TX — view the full market.
As of Q1 2026, the Houston industrial market showed a 7.4% vacancy rate, average asking rents near $7.73/SF/yr, and cap rates around 7.7%. Source: multiple brokerage reports, Q1 2026.
Industrial market FAQ
- What is the typical cap rate for industrial in Houston?
- About 7.7% as of Q1 2026, per multiple brokerage reports.
- Is the Houston industrial market tightening or softening?
- Vacancy is around 7.4% (Q1 2026).
Estimated Market Rate
$0.55/SF/mo – $0.74/SF/mo
Mid: $0.64/SF/mo
Contact
- Jason Dillee · +1 713 577 1796 · Jason.dillee@cbre.com
- Gregory Holmes · 713 577 1902 · gregory.holmes@cbre.com
- Savannah Smith · 713 577 1851 · savannah.smith@cbre.com
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