5901 Griggs Road — Lease in Houston, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Houston, TX
  • Size: 417,644 SF
  • Year built: 1950

Description

Available Space82,593SFRental Price$3.60 (Annual)Rate TypeNNNMin/Max Contiguous82,593 SF/82,593 SFSubleaseNoClear Height24' 0"Loading DocksYesDrive-In DoorsYes

Market Context

This industrial in Houston, TX is listed for lease across 417,644 SF. The building dates to 1950. It has been on the market for 209 days. Compare it against other industrial listings for lease in Houston, TX — view the full market.

As of Q1 2026, the Houston industrial market showed an 8.0% vacancy rate, average asking rents near $10.00/SF/yr, and cap rates around 7.8%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

What is the typical cap rate for industrial in Houston?
About 7.8% as of Q1 2026, per multiple brokerage reports.
Is the Houston industrial market tightening or softening?
Vacancy is around 8.0% (Q1 2026).

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