Adams Extract & Spice Expands With 67877 Square Foot Industrial Lease In China Grove Texas
1122 South Foster Road
Building Size
67,877 SF
Asset Type
Industrial
Closing
Mar 13, 2026
AI
The property asset involved in this transaction is an industrial lease with a total square footage of 67,877 located at 1122 South Foster Road in the China Grove market. This lease marks a significant expansion for the tenant involved, with a focus on the spice and extract industry.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 67,877
- Address: 1122 South Foster Road
- Market: China Grove
- Tenant: Adams Extract & Spice
- Brokers: Stan Nowak & Andrew Alizzi - Partners Real Estate
Stan Nowak and Andrew Alizzi from Partners Real Estate facilitated the lease transaction for Adams Extract & Spice. Their role involved negotiating the lease agreement which signifies a notable growth step for the Texas-based company engaged in manufacturing spices and extracts.
Players
San Antonio Industrial Market Snapshot
Boundary boundary · Industrial · Lease 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