Updated Sep 9, 2024
Friedman Real Estate Brokers Sale Of Alorica Call Center In Humble
3200 Fm 1960, Humble, TX, 77338
Building Size
95,000 SF
Asset Type
Industrial
Closing
Nov 22, 2023
About this deal
AI
An industrial flex building located at 3200 Fm 1960 in Humble, TX, 77338 has been sold in Houston. The property, spanning 95,000 square feet, was triple-net-leased on a long-term basis to Alorica, a business process outsourcing firm utilizing it as a call center. The buyer, seller, and sales price remain undisclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Market: Humble
- Buyer's Representative: Steven Silverman (Friedman Real Estate)
- Buyer: Unknown
- Square Footage: 95,000
Steven Silverman from Friedman Real Estate acted as the representative for the unidentified buyer in the sale of the industrial property.
On the Map
Industrial
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Humble Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93