610 & Hardy | Houston IOS — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Houston, TX 77026
  • Year built: 1975

Investment Figures

Cap rate
1.00%

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

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 6013 to 6019 Gold Street in Houston, Texas. The subject property consists of approximately 72,477 square feet of industrial space and is situated on 2.62 acres of land. The three-building asset features metal construction and roofing, a clear height of 25’, 16 grade-level doors, two HVAC units, and three-phase heavy power with 1,200 amps and 600 volts. Equipped with a 10-ton bridge crane, the property provides rare heavy infrastructure. With a building coverage ratio of 28 percent, the property has an ample amount of fenced-in industrial outdoor storage space (IOS). Positioned along a BNSF and Canadian Pacific/Kansas City rail line, the property has prime access to the Hardy Toll Road and Interstates 610 and 69. Despite its Houston location, the property has a low flood risk, lowering the cost of insurance. The subject property is well-positioned within the mid-sized North Outer Loop submarket, containing 31.7 million square feet of industrial space. In 2025, industrial demand in the submarket remained in positive territory as nearly 118,000 square feet were absorbed on net. However, with more than 415,000 square feet being delivered on net, the vacancy rate rose to 5.4 percent but remains well below the 7.7 percent national average (based on the top 50 metros, classes A, B, and C, and a minimum of 10,000 square feet). Despite the pickup in availability, annual market rent growth in the North Outer Loop rebounded by an impressive 3.9 percentage points to 5.2 percent, bucking the national trend that fell to 1.4 percent. With only about 86,000 square feet of industrial space under construction at the start of 2026, demand will be back in the driver’s seat of vacancies and rents (CoStar). As the fifth most populous metro area in the U.S., Houston houses over seven million people in southeastern Texas. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Ben

Market Context

This industrial in Houston, TX is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1975. It has been on the market for 86 days. Compare it against other industrial listings for sale 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.

Its 1.0% asking cap rate is below the Houston industrial market average of about 7.8%, reflecting premium pricing relative to comparable assets.

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).

Contact

Explore this market

Similar Industrial Property for Sale in Houston, TX