Eagles Fleet Service — Sale in Humble, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Humble, TX 77396
  • Year built: 2000

Photos

Eagles Fleet Service — Sale in Humble, TX, photo 1 of 2
Eagles Fleet Service — Sale in Humble, TX, photo 2 of 2

Investment Figures

Cap rate
7.01%

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 15520 Lee Road in Humble, Texas. The subject property consists of approximately 8,300 square feet of industrial space situated on 1.07 acres. The property is a single-tenant industrial building featuring metal construction, three updated units, 14' clear height, and five grade-level doors. With a 16 percent building coverage ratio, the property provides ample fenced-in industrial outdoor storage space (IOS). Located less than one mile from the Interstate 69 & Beltway 8 interchange, the property is also in close proximity to George Bush Intercontinental Airport, offering convenient access to major transportation routes. This investment opportunity offers a triple-net lease at $11.61 per square foot through November 2031 with 5.0 percent annual escalations, generating an initial 7.01 percent cap rate. The property is fully occupied by Eagles Fleet Service, a full-service commercial truck and trailer repair company with 24/7 diesel truck mobile mechanic services. The North Hardy Toll Road submarket has experienced falling vacancies among comparable properties under 10,000 square feet since Q2 2026, making this a prime opportunity for investors. The North Hardy Toll Road submarket plays a crucial role in the region's industrial and logistics sector, with its proximity to major transportation routes and infrastructure. With its strong tenant and favorable lease terms, this investment is poised for long-term success. The Houston metropolitan area, where the North Hardy Toll Road submarket is situated, is a major economic hub with a population of over 6.7 million people, spanning across nine counties and approximately 627 square miles. The region has experienced significant job growth, with major industries such as energy, healthcare, and technology driving the economy. The area is also home to two major airports, including George Bush Intercontinental Airport, and an extensive netw

Market Context

This industrial in Humble, TX is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2000. Compare it against other industrial listings for sale in Humble, 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.

Its 7.0% asking cap rate is below the Houston industrial market average of about 7.7%, reflecting premium pricing relative to comparable assets.

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).

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