Westport Business Park — Lease in Houston, TX
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Houston, TX 77024
Description
Westport Business Park | ±4,752 - ±25,525 SF Flex Office/Warehouse Space for Sale or Lease Address: 6970-6990 Portwest Dr, Houston TX Submarket: Northwest Rentable SF: 6970 Portwest Dr, Ste 100: 13,440 SF 6990 Portwest Dr, Ste 100: 20,733 SF 6990 Portwest Dr, Ste 190: 4,792 SF Availability: Immediately Construction: Tiltwall/Brick TI Allowance: Negotiable Suite Features: Glass Doors, Sensor Lights, Ability to add grade level doors Loading Type: Grade Level Parking: Surface Parking; 2.8-3.4/1000 SF Building Height: 17.3’ Clear Height: 8.5’ - 10.5’ Sprinklered: No Other Terms: Suites can be subdivided to 5,000 SF, Subject to lease term and use
Market Context
This industrial in Houston, TX is listed for lease. It has been on the market for 196 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).
Estimated Market Rate
$0.65/SF/mo – $0.87/SF/mo
Mid: $0.76/SF/mo
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Nick Bergmann · 713 577 1772 · nick.bergmann@cbre.com
- Jordan Enger · 713 577 1779 · jordan.enger@cbre.com
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