Houston Point 290 — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Houston, TX 77095
  • Year built: 2024

Photos

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Description

JLL Capital Markets on behalf of Ownership, is pleased to offer qualified investors the opportunity to acquire Houston Point 290 (the “Property”). Houston Point 290 is a 383,069 square foot, three building, infill industrial business park within the Northwest Houston industrial submarket. The Property sits on 27.2 Acres and features direct frontage on Highway 6, providing unmatched city wide connectivity via Beltway 8 and Highway 290. The Property is 100% occupied by five unique tenants with 7.9 years of weighted average lease term remaining, offering potential investors strong in-place cash flow supported by stable, long-tenured occupants and an attractive diversified rent roll. The Property is anchored by Goodwill Industries of Houston, which occupies 100% of Building A and represents approximately 40% of total NRA, while Buildings B and C each accommodate two tenants in a diversified configuration. Notably, Gutor recently executed a 12-year lease in September 2025, securing a quarter of the Property’s leasable area and further strengthening the tenant roster with long-term occupancy commitment.

Market Context

This industrial in Houston, TX is listed for sale. The building dates to 2024. Compare it against other industrial listings for sale in Houston, 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).

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