Single-Tenant Industrial
For Sale
Contact for pricing
6515 Willowbrook Park, Houston, TX 77066
Class A industrial property with a new office building, paved/fenced yard, and two 40-ton cranes.
Property Size56,779 SF
Price / SF$276.09
Days on Market103
Property Features for 6515 Willowbrook Park
General Information
Standard status
Active
Size
56,779 SF
Class
A
Property subtype
Industrial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$627,037
Building Details
Buildings
3
Tenancy
Single
Listing Agency:
USP Management
Listed By:
Monte Froehlich · License #0980389
Source:
Crexi
Added: Jul 8
Changed: Oct 2
Last Checked: Oct 16 at 9:08AM
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 USP Management
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Class A, single-tenant industrial property built for heavy-duty operations, including 50,779 square feet of industrial space plus a newly built 6,000 square foot office building for a total of 56,779 square feet. The site offers 7.72 acres of paved and fenced yard area. The facility is 100% occupied by a credit tenant and the lease is set to expire May 31, 2032.
The building includes two 40-ton cranes with an 80-foot span and a bottom-of-bridge clearance of 24'-8". The property is located at 6515 Willowbrook Park, Houston, TX 77066, and is offered for sale.
The building includes two 40-ton cranes with an 80-foot span and a bottom-of-bridge clearance of 24'-8". The property is located at 6515 Willowbrook Park, Houston, TX 77066, and is offered for sale.
Key Highlights
- 56,779 SF total building on 7.72 acres with 50,779 SF industrial space and a $1.1M new 6,000 SF office building
- 100% occupied by a credit tenant; lease expires May 31, 2032
- Paved/fenced yard area for added outside storage and access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$591,240
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,824,800
$11.8M
Cap Rate 7%
$8,446,286
$8.4M
Cap Rate 9%
$6,569,333
$6.6M
Market Conditions
NOI Build-Up for 56,779 SF
Gross rent
$1.02M $18.00/SF
− Vacancy
−$112.4K −$1.98/SF
EGI
$909.6K $16.02/SF
− OpEx
−$318.4K −$5.61/SF
NOI
$591.2K $10.41/SF
Area
Houston, TX
Vacancy
11.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,824,800
Cap Rate 7%
$8,446,286
Cap Rate 9%
$6,569,333
Alternative Uses
Best Use
Flex RnD
$8.45M
$7.39M – $9.85M
NOI $591,240 @ 7.0% cap · market cap 3.77%
Second Best
Industrial
$4.57M
$4.00M – $5.34M
NOI $320,148 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$14.60M
$12.78M – $17.03M
NOI $1,022,022 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77066, TX
34,443
Population
12,156
Households
2.8
Avg Household Size
35
Median Age
20%
College-Educated
77%
High-School Grad
8.6 sq mi
ZIP Area
4,005
Density / Sq Mi
$83,545
Median Household Income
$36,865
Median Earnings
$1,396
Median Rent
$217,500
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Frequently Asked Questions
What type of property is this?
Flex space - Class A industrial property with a new office building, paved/fenced yard, and two 40-ton cranes.
Where is this flex space located?
The property is located at 6515 Willowbrook Park Houston, TX.
What is the asking price?
The asking price for this property is $15,675,929.
What are key features of this property?
This property features: 56,779 SF total building on 7.72 acres with 50,779 SF industrial space and a $1.1M new 6,000 SF office building; 100% occupied by a credit tenant; lease expires May 31, 2032; Paved/fenced yard area for added outside storage and access
