Flowserve Pumps — Sale in Pasadena, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Pasadena, TX 77503
- Year built: 2015
Photos
Description
JLL Capital Markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee simple interest in 4015 Flowserve Way (“the Property”). The Property is a 110,102 square foot industrial and manufacturing building 100% leased to Flowserve, US, Inc. Pumps divisions through April 2029. The Property was developed in 2015 as a build-to-suit for Flowserve and they operate their pump manufacturing and services sector out of this location. The tenant at the Property is Flowserve, US, Inc. and the lease is guaranteed by Flowserve Corporation (NYSE: FLS), a global leader in providing aftermarket services for comprehensive flow control systems. Flowserve has occupied the building since delivery and has annual rent increases of 1.75%. The location offers easy access to Beltway 8 and Highway 255 enabling connectivity to the Houston Ship Channel, both container terminals, and the greater Houston MSA. The Property offers investors the opportunity to acquire a mission critical location of an investment grade tenant with 2.5 years of lease term remaining and a 29.3%+ mark-to-market opportunity upon expiration.
Market Context
This industrial in Pasadena, TX is listed for sale. The building dates to 2015. Compare it against other industrial listings for sale in Pasadena, 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).
Contact
- Trent Agnew · 7138523431 · trent.agnew@jll.com
- Charlie Strauss · 7132126574 · charles.strauss@jll.com
- Lance Young · 7138523544 · lance.young@jll.com
Explore this market
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