Humble Multi-Tenant Industrial — Sale in Humble, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Humble, TX 77396
- Year built: 1985
Investment Figures
- Cap rate
- 7.06%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The property is a 24,750-square-foot multi-tenant industrial asset situated on 2.05 acres of land. This industrial property features 15-foot clear height, 300-amp power, and approximately 16 percent of finished office space. The property is currently 100 percent occupied by two tenants, generating $234,000 in current annualized gross income. The tenants are a significant source of revenue for the property, and their occupancy ensures a stable income stream. The property's occupancy rate and revenue generation make it an attractive investment opportunity. The property's current lease terms present a value-add opportunity for investors, as there is potential to convert to triple-net lease terms. This conversion could increase the property's revenue and attractiveness to potential buyers. The location of the property is also a major advantage, with direct access to the Hardy Toll Road and proximity to George Bush Intercontinental Airport. This prime location provides easy access to major transportation routes and infrastructure. The North Hardy Toll Road submarket, where the property is located, has a below-national-average vacancy rate of 6.3 percent in the first quarter of 2026 (CoStar). The limited supply of multi-tenant industrial properties in the area also contributes to the property's value. Investment Highlights: • 24,750-Square-Foot Multi-Tenant Industrial Asset Situated on 2.05 Acres • Featuring 15' Clear Height, 300-Amp Power, and ~ 16% Finished Office Space • 100 Percent Occupied by Two Tenants Generating $234,000 in Current Annualized Gross Income • Value-Add Opportunity to Convert to Triple-Net Lease Terms • Prime Location with Direct Access to the Hardy Toll Road and Proximity to IAH • Well-Positioned in North Hardy Toll Road Submarket with Below National Average 6.3% Vacancy Rate & Limited Multi-Tenant Industrial Supply
Market Context
This industrial in Humble, TX is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1985. It has been on the market for 101 days. Compare it against other industrial listings for sale in Humble, TX — view the full market.
Contact
- Grant Roosma · (713) 452-4384 · grant.roosma@marcusmillichap.com
- Tyler Ranft · (512) 338-7883 · tyler.ranft@marcusmillichap.com
- Adam Abushagur · (972) 755-5223 · adam.abushagur@marcusmillichap.com
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