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5910 Hamblen Drive

TruCore Industrial Acquires Industrial Asset In Humble And San Antonio From Mike Wolf
SOLDIndustrial

TruCore Industrial Acquires Industrial Asset In Humble And San Antonio From Mike Wolf

5910 Hamblen Drive & 6930 Fairdale Drive

Building Size

72,710 SF

Asset Type

Industrial

Closing

Apr 9, 2026

AI

The property asset involved in this transaction is an industrial asset located at 5910 Hamblen Drive & 6930 Fairdale Drive, featured within the markets of Humble and San Antonio. This asset encompasses an area of 72,710 square feet.

Summary of transaction details:

This transaction highlights the involvement of TruCore Industrial as the buyer and Mike Wolf of MIKENPRANG as the seller, with representation from their respective brokers. Travis Smith and David Holland from JLL represented the buyer while the seller was represented by Nick Bergmann and Jordan Enger from CBRE.

Players

Nick Bergmann

CBRE

Broker

4 deals

Broker

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