Small-Bay Industrial Warehouse
New
For Sale
$9,400,000
13470 FM 529, Houston, TX 77041
Multi-building portfolio offering small-bay industrial space with heavy-power service across Northwest Houston submarkets.
Property Size41,675 SF
Lot Size3.36 Acres
Price / SF$225.55
Days on Market4
Property Features for 13470 FM 529
General Information
Standard status
Active
Size
41,675 SF
Lot size
3.36 Acres
Property subtype
Warehouse
Occupancy
100%
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
11
Power
400 amps
Voltage
480 V
Three-Phase Power
Yes
Heavy Power
Yes
Additional Details
Cap Rate
7%
Highway Access
Yes
Amenities
Newly Constructed Six-Building 41,675-Square-Foot Freestanding Small-Bay Industrial Portfolio on 3.36 Acres in Northwest Houston
Delivered Between 2019 and 2022, Featuring Metal Construction with 18'-24' Clear Heights, 11 Grade-Level Doors, & Three-Phase Heavy Power with 200/400A and 480V
100 Percent Occupied by Diversified Roster of Local & International Businesses with Personal Guarantees, Generating In-Place 7.00 Percent Cap Rate
All Triple-Net (NNN) Leases with 3.0+ Percent Annual Escalations and a 1.9-Year WALT, Offering Built-In Growth
Only 4% of Houston Construction Pipeline Concentrated Among Comparable Small-Bay Properties | Portfolio Situated in High- Performing NW Submarkets
Each Property in Close Proximity to Major Thoroughfare: I-10, U.S. 290, Highway 99, and Highway 6
Building Details
Building Size
41,675 SF
Year Built
2018
Buildings
6
Construction
metal
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5223
Listed By:
Adam Abushagur · License #License(s): TX: 661916
(972) 755-5223
Source:
Marcusmillichap
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 4 at 2:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This six-building warehouse portfolio includes approximately 41,675 square feet of small-bay industrial space across 3.36 combined acres. The buildings were constructed from 2018 through 2022 and range from 4,800 to 10,625 square feet. Improvements feature metal construction, 18-foot to 24-foot clear heights, 11 grade-level doors, and three-phase heavy power rated from 200 to 400 amps at 480 volts. The portfolio is fully occupied by seven tenants representing roofing, rubber manufacturing, oil and gas, religious, water management, and technology uses. Triple-net leases expire between July 2027 and July 2029 and include annual escalations ranging from 3.00 to 3.94 percent.
The properties are distributed among Hockley, Cypress, Katy, and Houston within Northwest Houston submarkets. Each location provides proximity to a major regional route, including Interstate 10, State Highway 99, U.S. Route 290, or Texas State Highway 6. The portfolio carries a 7.00 percent cap rate.
The properties are distributed among Hockley, Cypress, Katy, and Houston within Northwest Houston submarkets. Each location provides proximity to a major regional route, including Interstate 10, State Highway 99, U.S. Route 290, or Texas State Highway 6. The portfolio carries a 7.00 percent cap rate.
Key Highlights
- Six‑building portfolio totals approximately 41,675 square feet on 3.36 combined acres
- Buildings range from 4,800 to 10,625 square feet with 18’ to 24’ clear heights
- 11 grade‑level doors and three‑phase power ranging from 200 to 400 amps at 480 volts
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $400.1k | $9.60 |
| − Vacancy | −$39.2k | −$0.94 |
| EGI | $360.9k | $8.66 |
| − OpEx | −$54.1k | −$1.30 |
| NOI | $306.7k | $7.36 |
41,675 SF · lease $9.60/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.38M
$3.83M – $5.11M
NOI $306,741 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.72M
$9.38M – $12.50M
NOI $750,150 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
24 ft
Clear height
11
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77041, TX
35,958
Population
11,877
Households
3
Avg Household Size
38
Median Age
38%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,903
Density / Sq Mi
$79,164
Median Household Income
$40,991
Median Earnings
$1,638
Median Rent
$269,000
Median Home Value
Market
Properties on Market for Warehouses in Houston
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Multi-building portfolio offering small-bay industrial space with heavy-power service across Northwest Houston submarkets.
Where is this warehouse located?
The property is located at 13470 FM 529 Houston, TX.
What is the asking price?
The asking price for this property is $9,400,000.
What are key features of this property?
This property features: Six‑building portfolio totals approximately 41,675 square feet on 3.36 combined acres; Buildings range from 4,800 to 10,625 square feet with 18’ to 24’ clear heights; 11 grade‑level doors and three‑phase power ranging from 200 to 400 amps at 480 volts
