12830 Century Dr 11,000 SF Industrial Building Stafford, TX 77477 $1,100,000 ($100/SF)

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 12830 Century Drive in Stafford, Texas. The subject property consists of approximately 11,000 square feet of industrial space and is situated on 1.13 acres of land. The two-building asset features masonry and tilt-wall construction, a maximum clear height of 15’, two grade-level doors, and 10 HVAC units. Situated on the corner of Century Drive and Greenbriar Drive, the property has high visibility with ample parking for employees and customers, including four covered spaces. Located in close proximity to Interstate 69 and Texas State Highway Beltway 8 (Sam Houston Tollway), the property sits 18.1 miles southwest of Downtown Houston. For sale as vacant, the property can be acquired for owner use, a value-add investment opportunity, or partial owner use by occupying one building and leasing out the other.
The subject property is well-positioned within the Highway 59/Highway 90 Alternate submarket, containing a sizeable 32.3 million square feet of industrial space. In the 12 months through Q3 2025, industrial demand remained in positive territory as about 682,000 square feet was absorbed on net. During this time, nearly 808,000 square feet of industrial space was delivered to the submarket, slightly increasing availability by 30 basis points. At 4.6 percent, the submarket vacancy rate in Q3 stood 310 basis points lower than the national average. Bucking the national trend, annual rent growth rebounded in the submarket in 2025, rising to 3.7 percent in Q3, more than double the 1.6 percent national average. Asking rents averaged roughly $9.70 per square foot, equating to an 8.2 percent cap rate, 90 basis points higher than the nationwide return. With only about 538,000 square feet under construction, demand will largely be in the driver’s seat of vacancies and rents for the foreseeable future (CoStar).
As the fifth most populous metro area in the U.S., Houston houses over seven million people in southeastern Texas. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller. The Gulf of Mexico, which borders the metro to the southeast, provides access to markets around the world via the Port of Houston, making it a prime location for import/export. Houston’s economy has diversified in recent years, with the healthcare and technology sectors showing strong growth. As Houston’s population continues to grow, primarily to the northwest, many companies are expanding to the region to provide goods and services to the increasing population.